tag:blogger.com,1999:blog-5204863782883637837.post867228090802376687..comments2024-03-27T20:51:11.303-04:00Comments on Accepting Ignorance: Rectification: BTC and Gold Aren't VolatileAlrenoushttp://www.blogger.com/profile/11119846531341190283noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5204863782883637837.post-40698722035507666542021-05-20T17:50:38.536-04:002021-05-20T17:50:38.536-04:00Yes.. I'm convinced. It's a futile act of ...Yes.. I'm convinced. It's a futile act of defiance to try to create a "safe" asset-liability.BSRK Adityahttps://www.blogger.com/profile/17264227679725849601noreply@blogger.comtag:blogger.com,1999:blog-5204863782883637837.post-77497545153059811042021-05-20T05:18:37.488-04:002021-05-20T05:18:37.488-04:00I kind of already know. Being smart is illegal.
P...I kind of already know. Being smart is illegal.<br /><br />Pension funds cannot legally invest in everything. While P/E might not always be the best way to add up a market cap, there always exists some stable market cap for the stuff pensions are allowed to invest in. Total pension funds > total legal-investment market cap. <br /><br />The excess money has to be stupid. <br /><br />When pension funds drive stock bubbles, less restricted investors move into, for example, currencies. This means the extra slosh in pensions also spills into all financial markets. Stupid money for everybody. <br /><br />Lots of stupid money which inside investors and other parasites love having around. Alrenoushttps://www.blogger.com/profile/11119846531341190283noreply@blogger.com