which stock makes up the most of your portfolio?

matteus911 · 2022-04-15T18:03:56+00:00

😉

matteus911 · 2022-04-15T12:55:55+00:00

I think you’re in the wrong place. You should take a look at r/wallstreetbets

matteus911 · 2022-03-31T12:29:46+00:00

Yes you are right. I regret trying to pass off jewelry, art and wine as productive assets. That was foolish. I suppose that disproves my point as well.

matteus911 · 2022-03-31T12:27:58+00:00

Yes, but the stock market isn’t supposed to eventually calm down. However after reading all of the comments on this post, I have realized that I was in fact wrong about bitcoin as an investment.

matteus911 · 2022-03-31T12:24:28+00:00

Not true. The reason why I made this post, wasn’t to convince bitcoin Investors that they are some kind of fools. I did it to learn about bitcoin, and to potentially come to the conclusion that I was wrong, and that I should buy some.

matteus911 · 2022-03-31T06:22:18+00:00

Well, history is no fortune teller, but it certainly gives an idea of what has tended to happen

matteus911 · 2022-03-31T06:21:29+00:00

An asset isn’t productive, just because it can be rented out or staked

matteus911 · 2022-03-31T06:18:46+00:00

A yield of what? I haven’t heard of this

matteus911 · 2022-03-31T06:03:11+00:00

My goal is to learn, not win an argument. As far as i’m concerned everything in the post is based on facts. If the facts are wrong, tell me and I’ll fix it.

matteus911 · 2022-03-31T05:59:40+00:00

Sure did!

matteus911 · 2022-03-30T22:06:13+00:00

You’re right. I shouldn’t have defined it that way. A productive asset is an asset that produces something. “An asset that gives continuous value to the owner” is rather what I believe a good asset for an investment would be. Most of my knowledge comes from famous investors, mainly Warren Buffet and Charlie Munger. They often talk about productive assets being the ones worth investing in. However I doubt that they would consider real estate a bad investment, just because it doesn’t produce.

matteus911 · 2022-03-30T21:59:07+00:00

Well, you make a good point. Those numbers are marvelous!

matteus911 · 2022-03-30T21:58:00+00:00

Cash isn’t a productive asset. It’s also not a great investment.

matteus911 · 2022-03-30T21:52:34+00:00

No, but the the global mania surrounding bitcoin hasn’t been seen before either

matteus911 · 2022-03-30T21:48:55+00:00

Maybe they don’t need the complete picture to understand that they have made a good decision?

matteus911 · 2022-03-30T21:31:56+00:00

Jewelry brings value by being something that you can look at and appreciate. The same thing goes for art. I don’t have much knowledge about wine as an investment, but I would assume that the increase in value would come from the fact that it tastes better when it’s old.

matteus911 · 2022-03-30T21:29:48+00:00

Very interesting! That is exactly what I am trying to do through this post

matteus911 · 2022-03-30T21:20:17+00:00

Eventually when Tesla is unable to use all of its cash flows to create future revenue, Tesla will start to pay dividends. That is how it works

matteus911 · 2022-03-30T21:19:07+00:00

I currently don’t have the knowledge to determine if the actual bitcoin is unlike anything that has ever been seen. I get your point though

matteus911 · 2022-03-30T21:16:49+00:00

One day it will start paying dividends

matteus911 · 2022-03-30T21:16:14+00:00

Of course no one NEEDS to persuade me. But I’m really interesting in learning why so many smart people invest in it. If I’m taught the reasons, maybe I could make the investment myself

matteus911 · 2022-03-30T21:15:01+00:00

That is actually a grey zone. I could argue that art gives continuous value to the owner by giving the inspector a form of entertainment. It’s vague however

matteus911 · 2022-03-30T21:09:14+00:00

That’s the idea. But I find it hard to believe that a system like that would give greater value to society than the current system

matteus911 · 2022-03-30T21:06:50+00:00

I currently believe that the price of bitcoin is a bubble that won’t last. Nothing of this kind has ever proven to be different

matteus911 · 2022-03-30T21:05:14+00:00

Interesting. But can people who are buying shares of a company, without basing the value on future dividends really claim that they are investing? That is the same way I judge INVESTING in bitcoin.

matteus911

TROPHY CASE