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'Passive' investors who dodged BTC, forced to own SPCX which is 3x more volatile
- andsoitis 4mo agoShort-term volatility does not matter to passive, long-term investors. Also, several mega-cap and high-beta S&P 500 stocks have frequently exhibited higher daily and 90-day realized volatility than Bitcoin. That doesn't mean that BTC is a better investment (it is not) and it doesn't mean these stocks with high volatility are a terrible investment (they may or may not, but funds of good indices in very strong markets, are).
- aurareturn 4mo agoAgreed. Volatility doesn't mean it's a bad investment. The article should instead focus on how potentially overvalued SpaceX (and Tesla) is.
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