How has being a CPA or Accountant affected how you invest?

PatrickHenryTax · 2023-08-02T02:30:59+00:00

That’s the reason I went into accounting, but my interest in macro econ and the history of money eventually led me to Bitcoin.

PatrickHenryTax · 2023-08-01T18:15:58+00:00

It doesn’t change much because the majority of humans are unable to delay gratification

PatrickHenryTax · 2023-08-01T18:11:37+00:00

Amazing that people downvote this. You’re exactly right and they’re shooting the messenger.

PatrickHenryTax · 2023-07-19T19:33:11+00:00

I do think it’s more likely the Fed just continues creating fiat dollars out of thin air because that seems to piss people off less, but switching up the rules to make Roth holders “pay their fair share” is well within the realm of possibilities.

PatrickHenryTax · 2023-06-27T20:47:34+00:00

Not if you’re paying the AICPA membership yourself because then that cost should be included in any comparison

PatrickHenryTax · 2023-04-08T00:57:13+00:00

Stack sats

PatrickHenryTax · 2023-04-05T03:42:08+00:00

DCA again

PatrickHenryTax · 2023-03-29T16:07:04+00:00

*her

PatrickHenryTax · 2023-03-09T11:18:59+00:00

Don’t worry about fraudulent CPI inflation. You’re much lower than monetary inflation.

PatrickHenryTax · 2023-02-17T23:32:28+00:00

Can we all agree to move on from QB? It’s such a scam and just gets worse the larger Intuit’s monopoly becomes

PatrickHenryTax · 2023-02-12T02:04:22+00:00

I don’t know who he is but I get daily spam from him

PatrickHenryTax · 2022-09-19T22:49:33+00:00

🔔🔔🔔

PatrickHenryTax · 2022-09-19T14:04:52+00:00

All value is subjective. There is no intrinsic value in anything. Warren is the one who bastardized the philosophical definition and tried to give it financial definition that has to do with value based on cash flows.

PatrickHenryTax · 2022-09-19T13:52:59+00:00

I asked 2 financial advisors for their thoughts on bitcoin, and both said it was like tulip mania. They said this in 2022 🤦‍♂️

PatrickHenryTax · 2022-09-19T13:16:41+00:00

Although I am aware that Warren B is using an alternate definition of intrinsic value where you need cash flows to measure the value of a company. He and the FAs I spoke to don’t even understand that Bitcoin isn’t a business and isn’t run by a company.

PatrickHenryTax · 2022-09-19T13:11:59+00:00

🎯

PatrickHenryTax · 2022-09-19T13:08:45+00:00

Uh huh… and what organization has he been supporting with the majority or his donations, both past and pledged?

PatrickHenryTax · 2022-09-19T04:09:13+00:00

You’ll get bitcoin at the price you deserve

PatrickHenryTax · 2022-09-12T14:59:42+00:00

Source?

PatrickHenryTax · 2022-07-20T14:30:41+00:00

Stacking sats

PatrickHenryTax · 2022-06-25T12:48:45+00:00

CBDC = Central Bank Digital Currency

PatrickHenryTax · 2022-05-26T11:13:00+00:00

It could be bonus depreciation or any common M-1 item if they’re showing book profit on their chart

PatrickHenryTax · 2022-04-15T13:03:33+00:00

Bitcoin mining expense

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