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A comment on Charlie Munger has died. Parent comment

Re:Charlie Munger has died by ta988 on Tuesday November 28, 2023 @09:10PM (#38454575)
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....
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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.

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