10,641 karma · joined December 12, 2016
This is one of the craziest stances/lawsuits I’ve ever read. Boglehead thought has taken over so much that the shareholders are referring to a nebulous diversified portfolio as something that somehow must be protected by law. That’s too far out there.
I admire efficiency a lot but I don’t think digging around in a chest freezer is worth saving $31.50 a year. Others may feel differently.
People holding stocks may never see ATH either, it’s the risk we take for the mental construct we believe in.
History says they probably will, as long as they hold a diverse portfolio.
Unfortunately crypto has become just a leveraged bet on the stock market and has lost much of its uncorrelated asset status. If the stock market recovers, crypto recovers even harder. Ethereum price is like a higher leverage TQQQ if you check the charts. I liked it better when it was uncorrelated.
Actually Bitcoin and Ethereum have a known supply and limited inflation (Ethereum is actually deflationary now) so best suited to not go to zero. The USD on the other hand…
From my brief reading about the matter it seems that the same villains showed up over there for that manipulation campaign.
I've always found this insightful.
The Clockwork Orange eyes held open forced to watch screens device comes to mind.
> The notion that a person uses only 10 percent of their brain is a myth. fMRI scans show that even simple activities require almost all of the brain to be active.
https://theconversation.com/how-spacex-lowered-costs-and-red...
You’ll have to invent the universe first.