Michael Saylor $MSTR on Warren Buffet $BRK.B holding $325B in cash:
"They are destroying $3B a month in shareholder capital. They are generating a 3% after tax yield at best and the cost of capital is 15%. Take 12% negative real yield, $325B times 12% is what the shareholders are paying for that."
"If I had an hour alone with Buffet in a calm environment, I'd walk out and he'd say that this Bitcoin $BTC thing is a pretty good idea, Charlie would've liked it and we're going to buy some."
"I'm long gold, I'm long bitcoin, I think commodities are so ridiculously under-owned so I'm long commodities," says @ptj_official. "I probably have some basket of gold, bitcoin, commodities and Nasdaq, something like that. And I own zero fixed income."
@POTUS On a 30-year mortgage with a 7.00% fixed interest rate, you may pay around $558,035.59 in interest over the life of your loan. This is for a $400,000 mortgage loan. Aren’t you for the working people?
Yup and products we purchase everyday are still at their highs. Rent is ridiculous. How can a CNA live with rent exceeding 2k a month for a house similar to Patrick’s on SpongeBob. You have grandkids?