No. of Recommendations: 17
The Shrewd Berk board is one of the more sane (the bullish or speculators would chant "insane") places to reside as a poster these days. But I was reading a guy's post on another forum, a value investor who has produced some good - I'd call it unnecessary and over the top (but that's just me) - stuff on Fairfax Financial, a stock I've owned since the early 1990's. His very-very bullish stance on the Trump Trade and Trump's affect on the economy and the stock markets initially caught me off guard. But then I thought to myself, "Ouside of the Berk people...honestly his view is quite the ordinary one, not anything special at all."
But ole dealraker has had his turn in this world for some time, I've seen some things. As of yet the Bitcoin/crypto thingy hasn't appeared to have sucked the capital out of other assets. But...
...in my view Rupert owns the US of A and he literally has most Americans observing one another closely. really intensely. I think this is especially true in the financial arena. We've had a very decent economy for some time now, but many Americans are literally miserable, and they are miserable from the envy of watching one another seemingly gain an advantage.
So...where's the deal going with all of this? Hmm...assets are moving, some moving with a vengeance. And some say there is huge cash on the sidelines, something I do not much at all agree with. Which "moving fast" assets are increasingly in focus?
My view is that the Michael Saylor Microstrategy type/related "trade" is one to watch, and watch closely. I think there is a good probability (many think absolutes, I always only think in terms of probability) that via the watchful and hyper aware envy that's dominating us - that there is a decent chance the crypto thing is going to start sucking the capital out of other investments.
Saylor's dramatic "60% annual now and 29% annual for the next 30 years" is now regularly on CNBC and to the degree it works it is going to be on more frequently. This sells very well. Will mothers and fathers be selling the braces of their children's teeth to buy? Don't be surprised! Selling value stocks, selling tech stocks to buy? Don't be surprised.
Anyway, I'm often dead wrong too LOL!
As I say often: Life is great...if you can stand it!
