Interesting conversation from the mandibles:
“In theory, stocks entail owning real things. Unfortunately, I didn’t take into account that most of those stocks are denominated in dollars. And I’ve been as vulnerable as the next idiot to the bias that keeping the majority of your funds in American companies is erring on the safe side. So I do apologize. Had I any idea what was in the offing, I’d have diversified quite differently.”
If/when the dollar hyper inflates, what would your stock be worth? Do you really think Fidelity or Robinhood will allow you to sell your stocks for gold or #Bitcoin?
Such a great book.
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I'm very impressed with how accurate the dystopia is portrayed
Right from the first few pages. The most accurate part imo is how normalized and even defended the negative impacts are.
