Ace of Spades

Pokerstar / Investor

[Bill Ackman @BillAckman]

The country is 100% behind the president on fixing a global system of tariffs that has disadvantaged the country. But, business is a confidence game and confidence depends on trust.

President @realDonaldTrump has elevated the tariff issue to the most important geopolitical issue in the world, and he has gotten everyone’s attention. So far, so good.

And yes, other nations have taken advantage of the U.S. by protecting their home industries at the expense of millions of our jobs and economic growth in our country.

But, by placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital.

The president has an opportunity to call a 90-day time out, negotiate and resolve unfair asymmetric tariff deals, and induce trillions of dollars of new investment in our country.

If, on the other hand, on April 9th we launch economic nuclear war on every country in the world, business investment will grind to a halt, consumers will close their wallets and pocket books, and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate.

What CEO and what board of directors will be comfortable making large,
long-term, economic commitments in our country in the middle of an economic nuclear war?

I don’t know of one who will do so.

When markets crash, new investment stops, consumers stop spending money, and businesses have no choice but to curtail investment and fire workers.

And it is not just the big companies that will suffer. Small and medium size businesses and entrepreneurs will experience much greater pain. Almost no business can pass through an overnight massive increase in costs to their customers. And that’s true even if they have no debt, and, unfortunately, there is a massive amount of leverage in the system.

Business is a confidence game. The president is losing the confidence of business leaders around the globe. The consequences for our country and the millions of our citizens who have supported the president — in particular low-income consumers who are already under a huge amount of economic stress — are going to be severely negative. This is not what we voted for.

The President has an opportunity on Monday to call a time out and have the time to execute on fixing an unfair tariff system.

Alternatively, we are heading for a self-induced, economic nuclear winter, and we should start hunkering down.

May cooler heads prevail.

[mon @moninvestor]

$HIMS has now dropped to $29.

Every time the stock price dips, I’m reminded of how Jeff Bezos perfectly explained Amazon’s stock movement:

🔹️ The stock is not the company, and the company is not the stock.
🔹️ Amazon’s stock once fell from $113 to $6.
🔹️ Yet, every single aspect of the business was improving.
🔹️ Even as the stock price moved in the wrong direction, everything inside the company was moving the right way.

Know what you hold.

[Natan @nataninvesting]

Barron's top picks for 2025 include two of my biggest positions:
$BABA and $MRNA!

I really like $UBER $ASML $GOOGL and $LVMUY too.

[Kenny Legg @legg_kenny]

It's another amazing Euro 2024 atmosphere in Düsseldorf as the Swiss fans make their way to the game against England.

#EURo2024 #EngSWI

[Ace of Spades @DrouxBenjamin]

@stanwawrinka @3gerardpique @worldtennis @DavisCup Quel escro ce @3gerardpique

[Stanislas Wawrinka @stanwawrinka]

Thank you @3gerardpique @worldtennis 🤬🤦🏻‍♂️! @DavisCup France vs Switzerland in Manchester lol

[NUCLR GOLF @NUCLRGOLF]

Cold as ice 🧊 🐐

[Ace of Spades @DrouxBenjamin]

@maitre_bask Undefeated, what a fantastic sport !

[Maître Brodard @me_brodard]

Cette fois c’est au padel tennis où je devrai tourner @DrouxBenjamin Mais je l’adore !

[Ace of Spades @DrouxBenjamin]

@maitre_bask 😂

[Nicholas Kyrgios @NickKyrgios]

Watching Novak tonight makes me feel good about my tennis in general 🤣 how have I beaten this guy 🤣

[Maître Brodard @me_brodard]

Départ du Winter trail des patrouilleurs !
Une belle journée en perspective…
On se voit à l’arrivée @DrouxBenjamin

[Maître Brodard @me_brodard]

Tu me tapes sur l’épaule et je t’offre une bière #lausanne

[DERRIEN @BRUNODERRIEN]

Emiliano Martinez ne me semble pas être la truite la plus oxygénée du ruisseau....

[Ace of Spades @DrouxBenjamin]

@maitre_bask Faut dire que tu as été très bien coaché 😍

[Maître Brodard @me_brodard]

« Est-ce qu’une croissance économique infinie peut être viable dans un monde fini »… citation et sujet de discussion proposés par @DrouxBenjamin. Votre avis ici…

[Ace of Spades @DrouxBenjamin]

@maitre_bask A Tenerife 😎

[Ace of Spades @DrouxBenjamin]

@maitre_bask Absurde

[Candide Thovex @CandideThovex]

Pretty tight
@cransmontana