Oddbean new post about | logout
 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. 
 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) 
 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.