4min chapter

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#012 Mitchell Baldridge: Defeating Taxes, Financial Planning, and Flipping A Bored Ape NFT for $250k

Smart Friends

CHAPTER

Stock and Bond Portfolio Indexing Will Not Capture the Value That's Going to Be Created in the Next Ten Years

i think maybe for the first time, it's possible that just standard like stock and bond portfolio indexing will not capture the value that's going to get created in the next ten years. I wodn even take the s if p and look at tesla. And teslad went from 30 dollars and split a few times and went up tor look at apple, or look at gogle. It's possible that the web three value creation will accrue to tokens and protocols that are represented nowhere in the s p or very, very few places on the spd. The downside of index i is wonderful, and you get to match the market.

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