Where are the bitcoin lovers now?

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Check your sources - that's false. They have "90 PhDs in mathematics, physics, computer science, and related fields", not just "astrophysicists" as you claim.

If you are a momentum investor, just say that. Momentum investors do not rely to "Newton's first law" like you do. Investing is far more speculative than the laws of physics, so that is still a very ignorant claim to make - and one you have not admitted is wrong.



To claim Berkshire isn't beating the S&P 500, you have to limit yourself to only 10 and 15 year performance. Berkshire Hathaway does better than the S&P 500 during crashes, like 2007-2009. From Nov 2009 to now, the S&P 500 has pulled ahead by 0.2%/year. But if you look back 20, 30 or 50 years, Berkshire is ahead. If you look at the past 3 or 5 years, Berkshire is ahead.
If you say so. I haven’t looked except the other week it didn’t appear BRK/B was any better than the Spx.

That doesn’t change the fact that Simons smoked Buffett like a blunt over that time period. It’s just that he didn’t go through the McDonald’s every morning and order a Big Mac and a coke and puff his book on cnbc twice a month while doing it
 
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jaygreenb

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Check yourself. Jim Simons ran this fund for 40 years, bitcoin is 13 years old. ignroance and hubris are the biggest risk of all. Give it a few.

also I am out of MSTR @ 371.75
Check yourself, there was nothing arrogant about that message, I stated what risks I also consider and a fund like that isn't accessible to most. Your insecurity and false confidence is getting the best of you. You talking about ignorance and hubris is comical considering you speak with so much confidence on a topic you admittedly know nothing about.
 

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Check yourself, there was nothing arrogant about that message, I stated what risks I also consider and a fund like that isn't accessible to most. Your insecurity and false confidence is getting the best of you. You talking about ignorance and hubris is comical considering you speak with so much confidence on a topic you admittedly know nothing about.
At least Jim Simons was an actual cryptographer and for all you know he may even have been Satoshi - you’re a fan, admit it, just a fan, you act like you’re pulling for the Yankees in the late 90’s under steinbrenner but know as much about bitcoin as my four year old. You post videos from a guy who was the CEO of small cap technology service call center before he started taking out credit against his company which admittedly panned out after bitcoin rose a ton. Which means, yep you guess it, Saylor is no more an oracle than you or anyone else. He is and was a levered spectator- you on the other hand know absolutely nothing more than anyone else about bitcoin because you cannot code, you’re not a cryptographer, you have never even minted a bitcoin, you are a fan. Nobody knows anything more than you either though, so it’s not like you’re alone on that island of ignorance, there’s a big crowd with you - show us something about bitcoin that hasn’t been stated 100x in media or at your local barbershop and prove me wrong.
 
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jaygreenb

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At least Jim Simons was an actual cryptographer and for all you know he may even have been Satoshi - you’re a fan, admit it, just a fan, you act like you’re pulling for the Yankees in the late 90’s under steinbrenner but know as much about bitcoin as my four year old. You post videos from a guy who was the CEO of small cap technology service call center before he started taking out credit against his company which admittedly panned out after bitcoin rose a ton. Which means, yep you guess it, Saylor is no more an oracle than you or anyone else. He is and was a levered spectator- you on the other hand know absolutely nothing more than anyone else about bitcoin because you cannot code, you’re not a cryptographer, you have never even minted a bitcoin, you are a fan. Nobody knows anything more than you either though, so it’s not like you’re alone on that island of ignorance, there’s a big crowd with you - show us something about bitcoin that hasn’t been stated 100x in media or at your local barbershop and prove me wrong.
Are you ok? You seem like you are having some kind of mental breakdown lol I think my IQ drops 10pts anytime I read one of your blubbering emotional erratic posts but I will bite. I guess you can call me a fan, I've made several million with bitcoin, I am a fan of that, so yes. Definitely more than you ever sniffed. I would probably call it more properly identifying an investment and its value proposition, having the capital to allocate to it and taking the risk and time to execute. More along the lines of investing, definitely not being a bum a$$ trader playing with a couple grand pretending to do something. My posts are all documented on this thread since 2018 if you need any type of reference. Also, if you can ever scrounge a few dollars together, you don't have to trained in the baseline skillset of an industry to invest in an asset or company, it isn't a pre requisite. At your age, surprised you did not know that but we learn something new every day.
 

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Are you ok? You seem like you are having some kind of mental breakdown lol I think my IQ drops 10pts anytime I read one of your blubbering emotional erratic posts but I will bite. I guess you can call me a fan, I've made several million with bitcoin, I am a fan of that, so yes. Definitely more than you ever sniffed. I would probably call it more properly identifying an investment and its value proposition, having the capital to allocate to it and taking the risk and time to execute. More along the lines of investing, definitely not being a bum a$$ trader playing with a couple grand pretending to do something. My posts are all documented on this thread since 2018 if you need any type of reference. Also, if you can ever scrounge a few dollars together, you don't have to trained in the baseline skillset of an industry to invest in an asset or company, it isn't a pre requisite. At your age, surprised you did not know that but we learn something new every day.
Post your account statement. Black the name out, the address and part of the account number.
 

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DM me and lets put money on it, no problem, as long at you admit it after. Can you afford $100 bet?
Post it on the thread. There’s no reason to hide. October account statement, black out the majority of it that would dox you.

go read the progression of this thread. The moment your opinion gets called out you start getting nasty. Just post it and be done with it.
 

jaygreenb

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Post it on the thread. There’s no reason to hide. October account statement, black out the majority of it that would dox you.
Are you slow, I'm not posting my bitcoin balances on a public thread. DM me and lets put money on it
 

FlirtLife

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If you say so. I haven’t looked except the other week it didn’t appear BRK/B was any better than the Spx.
I notice you never cite your sources - are you making stuff up?


https://www.reddit.com/r/Bogleheads/comments/1d1zoov


That doesn’t change the fact that Simons smoked Buffett like a blunt over that time period. It’s just that he didn’t go through the McDonald’s every morning and order a Big Mac and a coke and puff his book on cnbc twice a month while doing it
You just claimed Renaissance Technologies only hire astrophysicists, and when I post a link showing you're wrong, you have nothing to say about that?
 

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I notice you never cite your sources - are you making stuff up?


https://www.reddit.com/r/Bogleheads/comments/1d1zoov



You just claimed Renaissance Technologies only hire astrophysicists, and when I post a link showing you're wrong, you have nothing to say about that?
Deadlocked in performance against the SP500 for almost 20 years, anything else?
IMG_1061.png
 

FlirtLife

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If I’m wrong, I’ll sell but remind me again of newtons first law of physics.
So why does Renaissance Tech, the world’s most successful hedge fund, quantitative only, developed out of MIT, far superior to Warren , hire only astrophysicists?
You made up this nonsense about investing and newtons laws, then cover it up by falsely claim Renaissance Tech "hire only astrophysicists". When I show you're wrong with a link to Renaissance Technology's own website... you're silent. You're caught making stuff up, and you have nothing to say. But it shows you don't know what you're talking about, and can't admit it.

"90 PhDs in mathematics, physics, computer science, and related fields"
 

FlirtLife

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The simplest way to show Berkshire Hathaway has beaten the S&P 500 is that it is the 7th largest stock in the S&P 500. The top six are all big tech companies (AAPL NVDA MSFT AMZN META GOOG). If BRK.A can't keep up with the S&P 500, why is it at the top of the S&P 500?

As I mentioned earlier, Berkshire Hathaway performs better during crashes, like the dot-com crash. You conveniently left out the dot-com crash of 2000-2002 by starting your measurement from 2003. Yes, when you ignore a crash and only include the recovery, that will artificially show better performance for the S&P 500. Same with the 2007-2009 crash, which is conveniently left out of 15 year performance.
 

FlirtLife

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There are various valuation measures that show the S&P 500 is overvalued. Divide Russell Growth by Value, and that's at a historically high 1.5x multiple. Or use cyclically adjusted P/E ratio over 10 years ("CAPE"), or use equity percentage of U.S. households. They all point to an overvalued market.

Bitcoin crashed faster than the stock market in both 2020 and 2022. Bitcoin has become mainstream, and mainstream investors panic sell during a crash. That's the biggest risk for Bitcoin at the moment, that the stock market corrects and causes Bitcoin to crash much faster than stocks. I don't know when the market will crash next, but to me, that's a better time to buy crypto.
 
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