body { -ms-overflow-style: scrollbar; overflow-y: scroll; overscroll-behavior-y: none; } .errorContainer { background-color: #FFF; color: #0F1419; max-width: 600px; margin: 0 auto; padding: 10%; font-family: Helvetica, sans-serif; font-size: 16px; } .errorButton { margin: 3em 0; } .errorButton a { background: #1DA1F2; border-radius: 2.5em; color: white; padding: 1em 2em; text-decoration: none; } .errorButton a:hover, .errorButton a:focus { background: rgb(26, 145, 218); } .errorFooter { color: #657786; font-size: 80%; line-height: 1.5; padding: 1em 0; } .errorFooter a, .errorFooter a:visited { color: #657786; text-decoration: none; padding-right: 1em; } .errorFooter a:hover, .errorFooter a:active { text-decoration: underline; } #placeholder, #react-root { display: none !important; } body { background-color: #FFF !important; }

JavaScript is not available.

We’ve detected that JavaScript is disabled in this browser. Please enable JavaScript or switch to a supported browser to continue using x.com. You can see a list of supported browsers in our Help Center.

Terms of Service Privacy Policy Cookie Policy Imprint Ads info © 2025 X Corp.

To view keyboard shortcuts, press question mark
View keyboard shortcuts

Post

Conversation

TracingWoodgrains

@tracewoodgrains

I might have expected some schadenfreude seeing all the big tech and finance people who backed Trump squirming and panicking and bargaining and pleading, but watching it happen I find myself more worried than anything.

Quote

Bill Ackman

@BillAckman

11h

To state the obvious, it does not help our country’s and our president’s negotiating position to be trying to strike deals while our market is collapsing. Whoever is recommending that idea to President @realDonaldTrump should be fired now.

5:07 PM · Apr 6, 2025

56.6K

Views

David Watson 🥑

Post your reply

TracingWoodgrains

@tracewoodgrains

Ok, now I feel schadenfreude. "My bad"? That's it?

Quote

Bill Ackman

@BillAckman

10h

Replying to @MattFromSMM

I have no anger toward Dems. Just disappointment. I don’t think this was foreseeable. I assumed economic rationality would be paramount. My bad.

Against Narrative

Choosing a repeat of Trump's first term over Harris was, I think, a defensible choice, even if it wasn't mine. It's now clear that that was never on the table, but I'm inclined to give a pass to people who initially supported him and don't support what he's doing now.

TracingWoodgrains

@tracewoodgrains

I ~agree with this, yeah

Schadenfreude would presume the alternative was better policy. You think Ackman is thinking to himself, "wish I'd avoided the uncertainty of tariffs by getting taxed on unrealized gains"? - not for a second.

TracingWoodgrains

@tracewoodgrains

we had a pretty solid preview of the alternative in the man Harris pledged to imitate taxing unrealized gains was a terrible idea that was unlikely to pass given Dem party dynamics, and the economy was pretty healthy under the Dems compares favorably to crashing markets

2 Regret, 2 Bucket.

If only there was some hint...

The good news is Donald made the golf tournament finals

No one could have seen this coming though right.

Kashif Pirzada, MD

The truly shameless are still cheering it on.

When banks fail, it is seldom the bankers who starve.

You’re worried about a levered billionaire whose portfolio is being gutted by the day?

TracingWoodgrains

@tracewoodgrains

really I'm more worried about the rest of us

Nabil Elsheshai

You should be.

@USAGoodActually

Actually, watching them fold has been very reassuring. Much better than when they were playing along. Congress can stop all of this, and several Rs have already flirted with doing so. If enough of the base folds, Congress will turn on him. They don't WANT to be Trump's bitch,

Freddy Got Fingered Wiki

In 08, we attempted to perform the most inwardly-aimed market destruction possible and it still managed to wipe out world markets. It's not guaranteed that we're losing relative global position with this one.

I only feel schadenfreude for anyone associated with the "All In" podcast. Feel sympathetic for others

@ANon46561976893

Is it? Trump has done many bad things. I think it's good that the same thing that made him kill African babies with AIDS and appoint an antivaxxer to head the HHS has also made him do something with immediate, obvious, negative consequences to Americans.

Honestly I think the emotion I feel most strongly is relief. It's like, a lot of these people have (had) demonstrated an essentially infinite capacity to go along with the idiotic partisan idea of the month, so it makes me feel better to know that *a limit* exists somewhere

@JasmineHafezzz

what was the other option in that election

I feel both terror and schadenfreude, it's like salted caramel

If this happened without COVID happening I might be more hopeful but I don't think people are in the right head space to weather another really bad global event. Especially not MAGA.

I'm actually astounded by the tech right. All that talk and bravado of being truth seekers and courageous. And for what?

The downstream effects don't just hit them. Whole lotta innocent folks going to suffer. And on a personal note, as a parent, I don't like the America we're building for my kids. Or anybody's

I like how he's still blaming whoever recommended this to Trump. If only the Tsar knew!

It's basically Elon and is baby momma drama. Sad to watch

I see growing panic from people that do industry things, but increasing support from what one could call their base because they think it'll only hit the elite. I fear not only their reactions now. I fear the dread itself. It feels like someone has taken out flight stick.

They're realizing its going to get worse. Like, unrecoverably worse.

Printing Center of Excellence

Already too poor to worry

I am wondering if the Securities Exchange Commission has enough data to determine if administration insiders were shorting en masse before the tariff announcements.

worry is the correct sentiment when they are not the only people to pay for their stupidity. If this were just going to hurt Trumpsters, I'd consider it just desserts for voting in a maniac. This is going to negatively impact most Americans and billions outside our country.

I’m reminded of Solomon. In 2016 Dems said “fine, she can keep it, just please don’t cut my baby in half” and Trump accepted that. now his response is “we don’t care who the mother is, we want to kill the baby.” And people refused to believe him no matter how much he said it.

They're still doing bad boyars, good Tsar lmao

Being net short fixes this.

For my part: it can be both.

So Ackman isn’t in the “the first to make a deal gets the best deal” train?

@JackHua46704097

I backed the conservative side to take down out to lunch dems, punish corrupt universities and to crush trans 4 hams. I don't think those considerations were wrong last November. they are still valid now.

tbf Bill backed Dean Phillips against Biden back in January last year. it's not like Trump was his first option.

Honestly, I think the business tycoons are underselling the catastrophe because they are not going to suffer as much as small- and medium-sized import businesses. Either Trump caves or there is a wave of bankruptcies and pink slips this month.

Show additional replies, including those that may contain offensive content