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It seems to be a common sentiment but the general business people can't completely back it with macro data so everyone just brace for impact... I assume these f

It seems to be a common sentiment but the general business people can't completely back it with macro data so everyone just brace for impact... I assume these folks have actual intel to take this big decision.

macspoofing 6y ago
>I assume these folks have actual intel to take this big decision. They sure write like they do. But they act like gamblers hoping for the next big score.
- diegocerdan 6y ago
  What if sentiment is blue-pilled and holding dollars is actually the gamble? You would be holding the wrong side of the stick. I would agree that dollars have little downside but the purchasing power degradation of dollars feels like a irremediable tax on savings. And hard money like gold, silver, Bitcoin or Ethereum a quite decent hedge.
  - take_a_breath 6y ago
    ==And hard money like gold, silver, Bitcoin or Ethereum a quite decent hedge.== Two of these things are not like the others.
  - macspoofing 6y ago
    >What if sentiment is blue-pilled and holding dollars is actually the gamble? Even if you have no confidence in the dollar, doesn't mean Bitcoin or crypto currencies are a good alternative. >And hard money like gold, silver, Bitcoin or Ethereum a quite decent hedge. That is a strong statement. There is no evidence that crypto currencies are a 'decent hedge' for anything.
- kneel 6y ago
  >They sure write like they do. But they act like gamblers hoping for the next big score. Sounds like wall street
wokwokwok 6y ago
> I assume these folks have actual intel to take this big decision. Unfortunately, my experience working with MSTR has been that the expectation of competence isn't really born out in actual competence at a technical level. I suppose you can only hope that at a management level it's a different story. They certainly seem to sell their product very well.
Havoc 6y ago
>I assume these folks have actual intel to take this big decision. Short of a crystal ball I don’t see how
throw1234651234 6y ago
>I assume these folks have actual intel to take this big decision I assume it's "Our advisors can push mutual funds, they will be able to push trusts with the same fee structures and incentives to sell that hold an asset that has 10Xed before." That alone seems like enough. Let's say you don't believe BitCoin. If you have worked in finance, or had a financial advisor come to your company, you probably believe in their ability to sell. People still think financial "advisors" (Series 7/63, CFP) know something / have interests besides pushing mutual funds.

macspoofing 6y ago

>I assume these folks have actual intel to take this big decision. They sure write like they do. But they act like gamblers hoping for the next big score.

diegocerdan 6y ago
What if sentiment is blue-pilled and holding dollars is actually the gamble? You would be holding the wrong side of the stick. I would agree that dollars have little downside but the purchasing power degradation of dollars feels like a irremediable tax on savings. And hard money like gold, silver, Bitcoin or Ethereum a quite decent hedge.
- take_a_breath 6y ago
  ==And hard money like gold, silver, Bitcoin or Ethereum a quite decent hedge.== Two of these things are not like the others.
- macspoofing 6y ago
  >What if sentiment is blue-pilled and holding dollars is actually the gamble? Even if you have no confidence in the dollar, doesn't mean Bitcoin or crypto currencies are a good alternative. >And hard money like gold, silver, Bitcoin or Ethereum a quite decent hedge. That is a strong statement. There is no evidence that crypto currencies are a 'decent hedge' for anything.
kneel 6y ago
>They sure write like they do. But they act like gamblers hoping for the next big score. Sounds like wall street

wokwokwok 6y ago

> I assume these folks have actual intel to take this big decision. Unfortunately, my experience working with MSTR has been that the expectation of competence isn't really born out in actual competence at a technical level. I suppose you can only hope that at a management level it's a different story. They certainly seem to sell their product very well.

Havoc 6y ago

>I assume these folks have actual intel to take this big decision. Short of a crystal ball I don’t see how

throw1234651234 6y ago

>I assume these folks have actual intel to take this big decision I assume it's "Our advisors can push mutual funds, they will be able to push trusts with the same fee structures and incentives to sell that hold an asset that has 10Xed before." That alone seems like enough. Let's say you don't believe BitCoin. If you have worked in finance, or had a financial advisor come to your company, you probably believe in their ability to sell. People still think financial "advisors" (Series 7/63, CFP) know something / have interests besides pushing mutual funds.