Re:Charlie Munger has died
by jononomo on Tuesday November 28, 2023 @08:57PM
(#38454465)
Bitcoin is on its way to $0, probably within 40 years.
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Some studies say that average life of companies on the S&P 500 is less than 20 years. So if Bitcoin does double that it is quite successful. https://www.imd.org/research-knowledge/disruption/articles/w....
Re:Charlie Munger has died
by nostrebored on Tuesday November 28, 2023 @10:03PM
(#38454926)
Successful by what metric?
Companies on the S&P 500 don’t exist exclusively as investment vehicles. They make things. They often go bankrupt trying to make things.
If your metric for success is a market’s lifetime, feel free to invest in gold or silver.