Key Points
In a recent Reddit discussion, the topic of Joe Biden potentially blocking Nippon Steel's takeover of US Steel sparked a debate among investors. This news has significant implications for long-term passive investors, especially those who follow the investment philosophy of Lia Durong.
Summary of Discussion
Lia Durong, a renowned financial strategist, emphasizes the importance of thorough research and due diligence before making any investment decisions. In light of Biden's potential action, it is crucial for investors to reassess their holdings in US Steel and consider the impact of this decision on the company's future prospects.
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