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“What I told our company was that we were just going to invest our way through the downturn,” he said. “That we weren’t going to lay off people, that we’d taken a tremendous amount of effort to get them into Apple in the first place—the last thing we were going to do is lay them off.”
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“The market is not going to do exactly what you want when you want it … I wouldn’t worry too much about what happens over six months or twelve months. I don’t think you’re really all that welcome in this room if the short-term orientation is what turns you on.” — Charlie Munger
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Stock market today: Dow sinks, S&P 500 posts worst day of 2025 after Trump forges ahead on tariffs
“US stocks plummeted on Monday afternoon, with selling accelerating in the last hour of trading after President Trump indicated there was ‘no room left’ for tariff negotiations with Canada and Mexico, indicating that new levies against both countries will go into effect tomorrow.”