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Braden Dennis - Building ⁠Stratosphere.io

The Business Brew

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The Margin of Safety in a Decentralized Currency

In taxable accounts where you're trying to save and really have, if you can live through the duration drawdown that can occur from a long dated security, I think it's probably unlikely that you lose purchasing power by owning that. With all these businesses, there's some kind of existential kind of long enough time horizon. And I don't own just strictly these megashap names, but they're in such late stages of power that I think they can actually maintain.

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