Warren Buffett: "If you must hold a prayer meeting before you try to raise prices, then you don't have much of a moat." TSMC and Samsung didn't hold prayer meetings before raising these prices. An assertion that these businesses don't have a moat isn't remotely credible.
I’ve written about the people familiar with the matter pattern before—it means Reuters have anonymous insider sources that their reporters (and editors) find credible.
there's a difference between belief and hope. Hope is confidence without basis. Hope is just, you know, it's it's a prayer, but it's but it's it's not it's not founded in anything that your your lived experience.
A korrent is a belief a person has stated in their own words: one
sentence stating the claim, backed by a quote and a source, kept at
korrents.com.
Under a name here, the quoted block is what they actually said.
The korrent beneath it is the claim those words support, in
korrents' wording — tap it to see the record, its source, and who
else holds it.
Nobody here wrote their own korrents. They are compiled from public
statements, and a person can change their mind, which is recorded too.
About the English under a post
Some people here publish in a language other than English. Where they
do, this site shows a machine translation beneath the post, in
this typeface — the site's own, not theirs.
The post itself is never changed, moved or hidden: what is set in the
serif above is exactly what the person published, and it is what to
quote them on. A translation can be wrong in ways that matter,
especially about tone.
Only the post's own words are translated. A quoted post, a linked
article and a belief on korrents.com
are left in their original language.