Oddbean new post about | logout
▲ ▼
buckyfonds | 5 months ago (raw) | root | parent | reply | flag +1 
 Trying to pick single stocks. Instead, I'm just saving in Bitcoin. 

You don't have to turn into a speculator anymore to preserve your purchasing power, however, most people still play this obsolete game.
▲ ▼
whoeverlovesDigit | 5 months ago (raw) | root | parent | reply | flag 
 It goes deeper than you realize. DTC can print stonks, they can't print Bitcoin (except Bitcoin stonks which is why they finally allow Bitcoin stonks)
▲ ▼
buckyfonds | 5 months ago (raw) | root | parent | reply | flag +1 
 I am well aware. If you've read the book "The great taking", it dives a bit deeper into the issue.

However, I simply meant that I no longer have to speculate and spend time picking companies (which I'm bad at) to out phase inflation. 

I didn't indent to comment on the fuckery in the bowels of the stock market. This is an unrelated issue.