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68 sats \ 4 replies \ @Shugard 27 Dec 2024 \ on: CONFESSIONS OF AN IDIOT: _Financial Times_ Goes Full @denlillaapan econ
I like the guy who "drank all the wine he bought as an investment." I had this stupid idea of buying limited editions of Plantation Rum to have something else to save in and still have it on my shelf to give to people. Never more than two bottles. Opened them for special occasions, and so that savings method was quickly abandoned.
around 2021 i went on a camping trip where i met a bitcoiner away-from-keyboard for the first time. we were debating an older guy who was storing whiskey as an investment, and also believed in holding the government bonds. i asked him what is he going to do when the bond yield hits 20%... and he said that he wud roll-over the bonds to the new yield, while laughing about it. we did not ridicule him too hard, because he was treating us with free whiskey. i wonder how his investments are doing.
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That poor old man... At least he has good Whiskey
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don't get high on your own supply
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Yeah totally. Makes your investment difficult to hold for reasons unrelated to the financial performance.
When the money doesn't work everything else becomes money-like
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