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Jermey scoffs bitcoin.youtu.be/vqdE9ydC5_M?si=Pbno1juUusNGjEVk
224 sats \ 4 comments \ @BlokchainB 28 Mar Stacker_Stocks
Ahh yes. Jeremy breaks down the market as the NASDAQ enters correction. He’s goes through the tech stocks and all much they have fallen and then he talks about two assets that have hit an all time high.
Kroger and gold
Basically confirming his thesis that investors are scared and are fleeting to safe assets.
Then Jeremy pulls up an exclusive neighborhood in Vegas where home prices are North of at least $10M. Here is where he bashes bitcoin and gold calling them non productive assets and people who live in that community got their money by
  1. Owning/Starting a business
  2. Owning stocks
  3. Owning real estate
Then said owning a two bedroom condo in Miami is crypto bitcoin bro money and can’t compete. Bitcoin is just a call option on the NASDAQ and down 24%. Thus it can’t compete with productive assets like stocks.
We shall see Jermey we shall see!!
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128 sats \ 3 replies \ @grayruby 28 Mar
Jeremy doesn't know anything about investing but thinks he does. The world is filled with Jeremys.
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161 sats \ 2 replies \ @BlokchainB OP 28 Mar
Haha he makes some good calls but I often think he’s a huge benefactor of Tesla not blowing up haha. If Tesla goes bankrupt I don’t think Jeremy would be as successful but hindsight is always 20/20.
I also throw Buffett into the Fiat printer going wild bucket. Everyone thinks buffet is the god of investing but he completely missed Apple and convinced bill gates to diversify which was a huge mistake
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56 sats \ 1 reply \ @grayruby 29 Mar
It’s pretty easy to look good being overweight tech during risk on.
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40 sats \ 0 replies \ @BlokchainB OP 29 Mar
Yeah sign of the times.
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