“THAT WAS REALLY DUMB OF YOU TO CASH OUT YOUR WHOLE 401K TO BUY BITCOIN.”
Discussion
That’s funny, but you haven’t been hanging around #bitcoin long enough if that’s the dumbest thing you’ve heard. You can do better just with Buffet/Munger alone
YEAH BUT MINE JUST GETS BETTER AND DUMBER WITH EACH PASSING YEAR.
PLUS I KNOW THE IDIOT WHO SAID IT TO ME AND I GET TO REMIND HIM ABOUT IT IN PERSON EVERY FEW YEARS JUST TO REALLY ZING HIM. 👍🏼
Haha, I love it. And did the same move myself, but deal with more eyebrow rolls than open hostility. Stay humble brother!
Bitcoin is rat poison or some stupid shit Charlie "the walking dead zombie" Munger uttered?
Oh man. For such smart investors in the world they grew up in, it’s hard to read. The rat poison quote is old school OD FUD. So much content.
But of course he wouldn't buy bitcoin because he's one of the fiat bros benefiting from the broken fiat system that is screwing so many of us plebs.
Very true, but also owns a stake in Nubank who is publicly engaged with ‘crypto,’ albeit not their sole business. He’s also 92, and I don’t think has the interest or need to learn it, and won’t personally have to learn it the hard way.
But - absolutely correct that he’s lived, loved, and mastered the fiat system so why on earth would he want to threaten that