Strategy, Capital, and Bitcoin with Mike Alfred (WiM113)
The "What is Money?" Show
Introduction
Mister mike alfred is an independent investor. He recently sold two sophar companies, one to our inds over at nidig. Mike and i are goig to be talking about the book the doo of capital by mark spitznagel.
Mike Alfred joins for me a look into the book "The Dao of Capital" by Spitznagel and for a general conversation on strategy, time preference, and Bitcoin.
Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/
GUEST
Mike's Twitter: https://twitter.com/mikealfred
PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:
OUTLINE
00:00:00 “What is Money?” Intro
00:00:08 Bitcoin Twitter
00:03:27 Spitznagel’s Early Trading Days
00:10:33 Taking Small Losses Early and Quickly
00:16:06 Staying Patient in an Elevated Time Preference Fiat Environment
00:22:05 Investment Strategy and Poker
00:27:46 Delaying Short Term Volatility
00:30:03 The Illusion of Wealth Creation Through Inflation
00:35:52 NYDIG
00:37:00 The Art Economic Action
00:39:44 Ancient War Strategies
00:49:39 Misesian Philosophy & Austrian Thinking
00:56:51 The Market’s Natural Interest Rate
01:00:25 Bitcoin’s Monetary Neutrality
01:03:40 Intertemporal Investing
01:07:06 Spitznagel’s Investment Strategy
01:15:21 How Changes in the Economy Could Affect His Strategy
01:19:07 Bitcoin Barbell Strategy
01:27:40 Spitznagel ETF?
01:31:43 Structuring an Investment Strategy to Beat Bitcoin is a Bad Idea
01:39:12 Conviction in Bitcoin Buy and Hold Strategy
SOCIAL
Breedlove Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
LinkedIn: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
TikTok: https://www.tiktok.com/@breedlove22?lang=en
All My Current Work: https://linktr.ee/breedlove22
WRITTEN WORK
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/
WAYS TO CONTRIBUTE
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
Sats via Strike: https://strike.me/breedlove22
Sats via Tippin.me: https://tippin.me/@Breedlove22
Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove
Dollars via Venmo: https://venmo.com/code?user_id=1784359925317632528
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true
RECOMMENDED BUSINESSES
Worldclass Bitcoin Financial Services: https://nydig.com/
Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217
Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/
Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22
Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack
The AI-powered Podcast Player
