Where to make rich friends? - I'm starting to realize that to get rich, one needs to hang out with rich people but I'm not sure where to meet them. The only places I can think of are Silicon Valley and New York (no I don't know where in New York they are).

Why have rich friends?

- If they didn't make the money themselves, they at least know people who did can learn from them
- They're the ideal customer because they can pay more for the same product

Edit: This post generated a very interesting conversation. Thank you all for sharing your insight. Of course, the friendship would come first before that fact they are rich. My apologies if someone found this crude.

Berkshire is hoarding so. much. cash.

Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ... See More rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?

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