Motley Fool Money Mailbag, incl: Does a rising tide lift some boats further? November 16, 2025
12 snips
Nov 15, 2025 Andrew Page, founder of the Australian investment club Strawman.com, dives into a range of fascinating investing topics. He discusses the implications of rising house prices and the math behind unlocking home equity, while warning about the risks of leverage. Andrew also explores the pros and cons of Bitcoin-only exchanges against mainstream platforms, highlighting transaction fees and their impact on Bitcoin's use as money. Plus, he rants about bureaucracy and evaluates the possibilities of superannuation for kids.
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Cut Losses When The Thesis Breaks
- When facts change, change your mind and act quickly to cut losses.
- Avoid preserving ego; reassess conviction when new risks emerge.
Why Bitcoin-Only Exchanges Charge More
- Bitcoin-only exchanges charge spreads to cover costs and principled choices.
- Purist operators avoid altcoins, trading margin, and thus accept lower profits.
Self-Custody After Buying Crypto
- Use the cheapest exchange if you plan to withdraw to self-custody.
- Move meaningful balances off exchanges to eliminate counterparty risk.