james22

I'm pretty committed to the simple belief that BTC is a product Fink/Blackrock will successfully sell (as they did MBS and ESG). I don't need to speculate beyond that to justify the position. And since I don't know how to value a company doing something that has never been done before, I just accept that the Market has traded it like a leveraged BTC fund. That works for me.

What's MSTR's future earnings growth?

Yes, I want the leverage.

50% MSTR 35% BRK 7.5% Money Market Fund 2.5% Info Tech ETF 2.5% Small Value ETF 2.5% Energy ETF

As with any scarce commodity—be it oil, gold, or rare-earth minerals—countries often engage in fierce competition with each other to secure the lion’s share of resources. And as one of the scarcest commodities on planet earth, there’s little reason to believe bitcoin would be any different, especially if its value continues to grow as many financial analysts expect. https://www.forbes.com/sites/digital-assets/2024/07/03/trump-sparks-talks-of-bitcoin-as-a-strategic-reserve-asset/

Corrected for you.

Yep. Probably best to consider life as governed by constraint theory: your life only as good as your limiting factor (romantic, social, intellectual, spiritual, financial, health, etc.). Came across this guy: https://www.youtube.com/@BenMallah/videos Perfect (bad) example - wealthy and spends all his time/energy on creating more wealth (waay past diminishing returns) at the cost of his health (his doc has told him he's not long to live if doesn't make changes). Hard to set aside what you're good at and enjoy as your measure though.

That's the best advice. The Barbell Prescription makes the objective argument for strength training over anything else, but what matters most is finding something that works for you. https://www.amazon.com/Barbell-Prescription-Strength-Training-After/dp/0982522770/

No man has the right to be an amateur in the matter of physical training. It is a shame for a man to grow old without seeing the beauty and strength of which his body is capable. Socrates

But there is a dark side to wellness, which I always, for shorthand, thought of as political: getting fit makes you more rightwing. The mechanism is incredibly simple: you embark on this voyage of self-improvement, and more or less immediately see results. You feel stronger and more energetic, probably your mood lifts, and pretty soon you think you are master of your own destiny. You’re still not, by the way: destiny does not care about your step count. But until that fact catches up with you, which it may never, there you are, high on self-righteousness. You can tell this has happened to you when you start inhaling performatively, like the hero of an Ayn Rand novel. https://www.theguardian.com/commentisfree/article/2024/jun/03/getting-fit-could-turn-you-into-a-rightwing-jerk

Sure, once I realized time was the constraint, not money. You can't do all the things you might want to do because there simply isn't enough time in the week. Want to fly, boat, drive, golf, gym, run, read, drink, travel, etc.? Anything you do means you aren't doing something else. And once you realize that, you realize most things you like doing are about equally fun. Makes it easy to budget your money by doing the less expensive things (reading and running rather than flying and/or boating).

Sorry, I was drinking.

No, Saylor wishes the asset class to thrive.

The Dow 36,000 argument.

It's different this time?

Might have missed out on the tech bull market that followed 2009 though? Even though my professional career was all about tech innovation, I was pretty burned by 2000 and so was too smitten with the Fama-French argument to take real advantage of that long run.

Think of all the kids at DFA/Buckingham piling into SV and EM the last 15 years. Whoops.

Sent these to a friend struggling with back pain (told by his doc he has degenerative disc disease and shouldn't lift): https://www.youtube.com/watch?v=bbpeSY1Js9U https://startingstrength.com/article/back-pain-and-back-strength https://www.youtube.com/watch?v=NgK6Y1j7ACA https://www.youtube.com/watch?v=qGLe1OR_n88 (beginning 8:12) https://www.youtube.com/watch?v=rg49gm9os7w https://www.youtube.com/watch?v=tnoVfEbisLY https://www.youtube.com/watch?v=xSF2ezSnpFU https://www.youtube.com/watch?v=ufA4u-HnGzs

This.

The first accounts for some of that premium, certainly. And the second provides perspective, no?

Nah. You have to work a little just to maintain your capabilities, but you certainly can.