Why shouldn’t I get long all defense stocks? Government spending is unlikely to go down and our military hegemony is the threat that keeps our economic system intact. Military spending is like the maintenance capex of the United States.
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Replying to @LAForeverHall
I think of them as basically shadow utilities. As a group, the US cannot really exist without them. Nor will history end. I am long
$LMT since 11/2011.2 replies 1 retweet 15 likes
Replying to @The_Dumb_Money
That is a very good point!
2:37 PM - 20 May 2020
0 replies
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