this post was submitted on 01 Jun 2025
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Leopards Ate My Face

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The article says:

Ken Griffin says Trump’s tariff strategy is eroding America’s global standing and investor trust in U.S. financial stability.

We already knew this was going to happen. On June 26, 2024 Reuters released an article with the headline "16 Nobel Prize-winning economists say Trump policies will fuel inflation". Trump campaigned on tariffs.

In my view this really undermines the creditably of Ken Griffin because an investor should be able to accurately asses information and determine its credibility to make proper investing decisions. Someone who falls for Fox "News" drivel wouldn't be a good investor. This is why Warren Buffet is outperforming other investors now, he properly prepared himself for Trump's tariffs.

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[–] Angry_Autist@lemmy.world 22 points 3 days ago (1 children)

Some day you will realize that almost nothing C-suites do really makes any difference and they are there just to absorb blame and be a figurehead

[–] jmcs@discuss.tchncs.de 14 points 3 days ago (1 children)

Absorb blame assumes they would face consequences when things go wrong.

They do. They get fired from their cushy jobs and land with a golden parachute.