MI Rewind: Investing Like Warren Buffett w/ Jake Taylor
The Intrinsic Value Podcast - The Investor’s Podcast Network
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What Is Risk?
Bitcoin, NFT and other cryptocurrencies may be the most dangerous investment on earth at the moment. They don't yield more of themselves to you because they are not producing anything. These things require an expanding pool of buyers before a higher price can be paid for them. The millennial argument back upwards is like, I think it's super cool that you can cross an international border with a billion dollars worth of Bitcoin in your head just by knowing what the password is to your assets. But history shows that all of these things run out of steam eventually.
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