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David Pinkerton
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WORD5 #452 6/6

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https://word5.otherstuff.ai

WORD5 #452 6/6

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⬛🟪⬛⬛🟧

⬛🟪⬛⬛⬛

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https://word5.otherstuff.ai

You built this, Pete? Cool! Will tune into your podcast.

WORD5 #447 5/6

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https://word5.otherstuff.ai

Just websites that feel like native apps. I like 'em. Less intrusive than a native app, no installation friction and circumvents app store gatekeepers.

Where on that chart is the dude that chooses both?

I'm sympathetic. They believe in something and put their money where their mouth is. Bold strategy, etc. A leveraged long that goes right is a hell of a drug. Even if they are shaken out, they're still right but just got the timing wrong.

Leg extension/leg curl machines shouldn't be phone booths.

Leg extension/leg curl machines shouldn't be phone booths.

Replying to Avatar Jake Woodhouse

Just read a "Investment Policy Statement" for an Investment Trust that I am a trustee of. A medium risk portfolio is being suggested:

- Cash: 5%

- Fixed income and bonds: 20%

- Equities: 60%

- Absolute return funds: 15%

Which is going to be benchmarked for performance against the "MSCI PIMFA", a weighted average of different asset types, updated regularly to match what UK advisors are doing

This benchmark, has a long-term average of 5-6% annualized over 10-20 years (adjusted for cpi ~2-3%)

Whilst at the end, there is the convenient: "Please be aware that past performance is not an indication of future performance. The value of investments and the income derived from them may fluctuate and you may not receive back the amount you originally invested."

The asset management industry...

WTF

It's got so much work to do!

They sell the convenient truth that you're not "regulated", and can't be trusted to allocate your own funds for lack of "skill", calculate their success against a benchmark that conveniently tracks CPI, rather than real inflation rates, and encumber you with vast counter-party risk

Enter Bitcoin

Sound money, self-custodied, blowing benchmarks like the MSCI PIMFA out the water, with drastically reduced counter-party risks

If it was up to me, none of the capital would be in these traditional portfolio's

Point of sharing: this is how the majority of the world's wealth is managed...

Arguably not even protecting purchasing power, but paying the money managers regardless of performance

It's only a matter of time until more figure out Bitcoin

Some well-meaning fellas don't get. This advisor rates bitcoin poorly against other investments. Are the "cons" that her lists hard to dismiss?

https://youtu.be/nRL7X4eXBNY

Check out the new wallet from nostr:nprofile1qqsr70lh4keezkwy9s92zm2ncpyrh7l6647ly257n6fkfgcxws0t9ncpzamhxue69uhhxetpwf3kstnwdaejuar0v3shjtcr89q4s. If also using #Obtainium on nostr:nprofile1qqs9g69ua6m5ec6ukstnmnyewj7a4j0gjjn5hu75f7w23d64gczunmgpzemhxue69uhhyetvv9ujuerfw36x7tnsw43z786xdyf, you can bypass the play store and install direct from github: https://github.com/SatoshiPortal/bullbitcoin-mobile/releases

I thought adaptation to a vitamin-depleted diet concurrent with low UV. Northern/western Europeans might have stayed black if not for cereal-based diet?

Grok as been obnoxious in the last day or so. I don't know if it's some kind of AB testing or affecting all users. It injected all these emojis and puts on this ridiculous pressure to try some command or config change. "Do this bro, just 10 seconds. You've got this, legend. It'll be amazing. C'mon bro, one more command and then rockstar status." Some gargbage like that + emojis. Still helpful but I don't know why it had to get so annoying. I hope it changes back!

The importance of a sailing ship like Saylor's.

https://youtube.com/shorts/BGMes8Lvb-Q

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My Zombie Score is 9%!

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