5 ms·
It's just being practical. Governments mismanage their economies, seize the assets of innocent people, etc. If you're serious about preserving your wealth, gove
by snikeris 9y ago
It's just being practical. Governments mismanage their economies, seize the assets of innocent people, etc. If you're serious about preserving your wealth, government intervention should factor into your decisions.
- gowld 9y agoGovernments also manage their economiies, but he doesn't say "be sure to expose your fund to the benefits of government intervention", so he's clearly biased. He advocates putting 25% in T-bills while also insinuating that the government is only a source of trouble.
- snikeris 9y agoThat should tell you something about his approach. A staunch libertarian advocates investing half your portfolio in government securities. My conclusion: his investing approach is divorced from his politics (as it should be).