Ram

Investor. Trader. Thinker. 📊 ₿ 🗽
Not financial advice.

[Ram @TheMungerWay]

Charlie Munger says:

“You’ve got to have multiple models—because if you just have one or two that you’re using, the nature of human psychology is such that you’ll torture reality so that it fits your models, or at least you’ll think it does.”

From experience, I’ve carefully built a latticework of investing models rather than relying on a single model. Depending on the context, momentum, risk, and opportunity, I apply the model that best fits the situation; not the other way around.

This approach helped me achieve financial freedom.

Don’t become married to one investing ideology. Expand your mind. Develop multiple frameworks that fit your temperament and skills, then use the right one when the market presents the opportunity.

$SPY $QQQ $RSP $SOXX

[Ram @TheMungerWay]

https://t.co/LVS0RynT4f

[Ram @TheMungerWay]

Times like these prove that my preparation is spot on. The cash pile makes me sleep at night like a baby. It generates income via CSPs while I wait for a fat pitch. 😌

Rest of the portfolio is positioned and sized appropriately to simply hold with conviction and ride this out. 💪

When the time is right, the cash will be deployed to print big on the next run 🚀

$SPY $QQQ $SMH $SOXX $SGOV

[Pius the Banker @PiusSprenger]

Here is the problem with Saylor’s framing: capital markets reward companies that are great capital allocators.

Saylor, unfortunately, has proven to be pretty bad at allocating capital.

After almost six years of sucking up as much Bitcoin as possible, his company $MSTR sits on an astonishing $12 billion loss. Every Tom and Jerry would have done much better with a simple Bitcoin DCA. No corporate layer. No management BS.

What’s the result of this?
Retail investors in all these pseudo-Bitcoin derivatives lost money and are very unlikely to return anytime soon. The whole Bitcoin community got distracted by Saylor’s hyperbolic statements, and the original wonderful idea behind Bitcoin got lost along the way.

I’m still bullish on Bitcoin.

But I don’t like the financialization of it.

[Sean Sharpe @BornInvestor]

CEO of Samsung, Kim: “This year’s profit alone will exceed the cumulative profit generated over the 40 years since Samsung entered the semiconductor business.”

[Ram @TheMungerWay]

$MSTR

[Fred Krueger #BIP-110 @dotkrueger]

"Never hit the ATM below 2 mNav"
"We just hit the mNav"

"Never sell your Bitcoin"
"We sold 32 Bitcoin"

"But we bought back more"
"We meant NET sales"

"We meant YOU shouldn't sell your Bitcoin"
"We just sold 3,588 BTC"

[Ram @TheMungerWay]

@Saylor apparently lost his second kidney too. $MSTR

[Michael Saylor @saylor]

Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves. https://t.co/Cssgz29Psj

[Ram @TheMungerWay]

@Maxipsycho @BTCBreadMan

[Ram @TheMungerWay]

@samcallah Oh yea, we must overlook everything, they acquired bitcoin after all. That's how Bitcoin ecosystem works, just trust them, they acquired $BTC after all.

[Ram @TheMungerWay]

@TheSamsPodcast @saylor @Strategy TLDR: People who don't have time and patience to get into the details shouldn't call others who take the time and go into details to question the irrational elements, the "fudders". After all, "Dont trust, verify" used to be the ethos of #Bitcoin ecosystem.

[Ram @TheMungerWay]

@publord "BTC price held well for the past year coz we're buying for the past year" -- Saylor and his sheep.

"BTC price held well even when Saylor sold BTC" - Same sheep.

[Ram @TheMungerWay]

@GrantCardone @Saylor said in an interview that $BTC held up over the past year because of his buying. Maybe it’s time for some reflection on that. 😉

[Ram @TheMungerWay]

If you're trying to prove that a capital manager who didn't have ANY plan in place to pay his massive obligations if $BTC enters a bear market (while his whole capital structure is leveraged on $BTC), an excellent capital manager, then there's no intellectual honesty here to debate. "Accumulating Bitcoin" at any and all cost is NOT great capital management. Stop overlooking and excusing outright blunders and immoral actions (like diluting his shareholders under 1x mNAV to buy $BTC with it repeatedly) just because he bought a bunch of $BTC. People like u unknowingly have caused immense pain to retail shareholders of $MSTR. You'll probably call Kim Jong Un a great capital manager if he just takes his starving citizens money and buys a bunch of #bitcoin with it. Oh look at it, show me one leader on earth who amassed such large BTC pile, you'll say. If u wanna support Saylor, first look at his actions. Look at the details. Devil is in the details. Don't trust, verify. And for god's sake, stop calling people who question irrational actions fudders. Unknowingly, u r damaging the "Don't Trust Verify" ethos of #Bitcoin ecosystem. No sir, just because he accumulated lots of $BTC he doesn't get a forever pass for all his actions that are against his shareholders interest.

[Ram @TheMungerWay]

@CalebFranzen Getting stock to par and keeping it there as a goal is a weakness. Tradfi will destroy him by leveraging this weakness.

[Ram @TheMungerWay]

@mc_khristina @Fidelity Schwab isn't charging anything.

[Ram @TheMungerWay]

Speaking facts is not fudding sir. He is a terrible capital manager and he proved it by lacking a plan for a simple bear market and saying one thing while doing the opposite repeatedly in the past 2 years. #Bitcoin monster returns in the long run may compensate for his blunders but doesn't mean that facts aren't facts.

[Ram @TheMungerWay]

@ToneVays @saylor He's just a terrible capital manager. If he wins, that's only because $BTC returns compensate for his continuous blunders.

[Ram @TheMungerWay]

@dotkrueger 🤣

[Benjamin Cowen @benjamincowen]

I did not always believe in the four year cycle for Bitcoin.

I used to think it was silly, and that the market had to be more complicated than that.

But then the market proved me wrong. So I admitted I was wrong, learned from my mistakes, and became a better investor.

This cycle, a lot of new Bitcoiners faded the four year cycle and relentlessly mocked anyone calling for the bear market. For many of them, instead of recognizing they were wrong, they continue to laugh at anyone willing to discuss the simplicity of the four year cycle.

They are likely doomed to repeat the same mistakes in the future, since their ego gets in the way of them being able to admit that they were wrong.