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U.S. Congressman Lindsey Graham has died, and Trump announced that the U.S. flag will be flown at half-mast for a week.
By U.S. custom, when a member of Congress dies, the flag is generally lowered for just one day. Trump granted special approval to extend it to July 18, and he also posted a message saying, “To commemorate my dear friend, a truly great man.”
The editor looked into his background—he indeed had many standout points, and one of them is:
He only invests in passive funds.
Back in the era when retail investors followed Pelosi’s homework, this man—who chaired the Judiciary Committee and the Appropriations Committee for thirty years—kept his account entirely clean, with no individual stocks at all, only the most boring passive funds and bonds. He even co-sponsored a bill that would prohibit members of Congress from trading stocks.
But he definitely understands investing.
He has been one of the most steadfast war proponents in the U.S. over the past thirty years, and in public he said that striking Iran is “the best investment of all time,” and that the U.S. could control oil and make a fortune.
No wonder Trump called him a “dear friend”… There’s always a profit-driven way of thinking behind wars.
We of course firmly oppose war, but the late congressman’s “go big and drop small” trait in itself is worth thinking about.
Most people are actually the opposite: they keep fiddling around with things that don’t matter, yet hesitate over truly important decisions.