Derek Moneyberg

So the, when there was a lot of, in April, there was a lot of turmoil around tariffs and, you know, there was changing a lot of things in the economy.

Yeah.

So, you know, I got a good smack down for a little while then.

Everyone got hit with that.

And that's life.

Warren Buffett did too.

So whoever wants to make fun of me on the internet for that, like that's how life is guys.

Like a stock market, the stock chart is not linear.

It doesn't just go.

Didn't he, was that him that cashed out everything or was that Bill Gates?

He did take a lot of liquidity before then, and he also didn't buy things when they were low.

I've had an amazing return since then.

But it's hard to argue with Warren.

The only points where I can have real disagreement is, which is not to criticize what he's doing, but he's managing so much money.

that there's only certain things that are worth his while to invest in.

He has a smaller basket of opportunities to invest in.

He's not going to invest $5 million here or $10 million there.

It doesn't move the needle for him.

It means nothing.

Just his personal net worth is about $160 billion.