They sure write like they do. But they act like gamblers hoping for the next big score.
Sounds like wall street
I would agree that dollars have little downside but the purchasing power degradation of dollars feels like a irremediable tax on savings. And hard money like gold, silver, Bitcoin or Ethereum a quite decent hedge.
Two of these things are not like the others.
Even if you have no confidence in the dollar, doesn't mean Bitcoin or crypto currencies are a good alternative.
>And hard money like gold, silver, Bitcoin or Ethereum a quite decent hedge.
That is a strong statement. There is no evidence that crypto currencies are a 'decent hedge' for anything.
I assume it's "Our advisors can push mutual funds, they will be able to push trusts with the same fee structures and incentives to sell that hold an asset that has 10Xed before."
That alone seems like enough.
Let's say you don't believe BitCoin. If you have worked in finance, or had a financial advisor come to your company, you probably believe in their ability to sell.
People still think financial "advisors" (Series 7/63, CFP) know something / have interests besides pushing mutual funds.
Short of a crystal ball I don’t see how
Unfortunately, my experience working with MSTR has been that the expectation of competence isn't really born out in actual competence at a technical level.
I suppose you can only hope that at a management level it's a different story. They certainly seem to sell their product very well.