@JoshMandell6@patrick_oshag Fair, so market cap leads and GDP lags, & the metric must be normalized to adjust for this. Ex. how many years were Gmail & G Suite free before they were captured in GDP? I think the headline figure doesn’t tell the full story as companies nowadays are more asset light
@NoLimitGains Is Buffett Indicator @ 190% a bubble or a structural shift in our economy? Tech scales & accrues value w 0 marginal costs, decoupling market cap from GDP. Tech generates massive intangible value & global revenues outpace domestic; so 190%, historic level or a new baseline?
An absolute dagger from @tsnjamesduthie to the guys complaining at the sim today:
“What are you guys gonna do when summer starts and you can’t complain about the sim not working?”
Finally, some peace and quiet. Thank you for your service, James. 🫡
@BTCBULLRIDER@PunterJeff@JoshMandell6 Thanks for the quick responses, Peter.
However wouldn’t TradiFi’s realization be stack-agnostic? $MSTR is my largest holding, but I’m curious when stack size starts to matter more than stack growth. My thesis is it will, unsure when or why
@BTCBULLRIDER@PunterJeff@JoshMandell6 Regardless of S&P inclusion or hype - & lets assume SP500 inclusion doesn’t happen (as a thought experiment) - what is the catalyst for when stack size is more valuable than stack growth? Does the stack have to be put to “productive” use?
@JimChuong I agree, but the birth year lump sum only makes sense if both spouses’ TFSAs are fully maxed out. In my opinion, a TFSA is a better vehicle than an RESP if there’s still contribution room.
@TravisHoium@ShaanVP@saylor If NAV < market cap can’t he then accumulate btc at cheaper prices or buy back $MSTR stock? If you are a long term believer in BTC isn’t he hedged on both sides assuming BTC doesn’t go to zero?