Imagine you hold $1 million in shares. Then, geopolitical drama (say, “Liberty Day”) occurs—such as an aggressive tariff announcement—causing the market to drop by 10%. At face value, you’ve “lost” $100,000. However, this is precisely when those same shares become a buying opportunity at a discounted price.

Now, suppose you have an additional $1 million ready to deploy. With shares temporarily down by 10%, you strategically invest your additional capital, purchasing assets at a reduced cost. Once the turmoil subsides—perhaps via a conveniently timed announcement to pause tariffs—the market rebounds, restoring the original value.

Your initial portfolio regains its lost $100,000, and importantly, your recent cash investment appreciates by 10%, translating into significant profit.

Indeed, being president or even a well-informed friend of the president could certainly enhance one’s financial opportunities. Of course such a well placed strategy is illegal and obviously those saintly rich  billionaires would never manoeuvre themselves around the law. Never! 

I believe.