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That's fine until there is political or financial instability across the world which is increasing.





In which case the risk to any individual stock is even greater.

It’s not if it leverages the risk.

Sure, but that doesn't invalidate passive funds.

Your plan for social instability is hodl stocks with increasingly suspect value?

Hm. Mine has been learning how to manage small crops, carpentry and vehicle maintenance.

In the 80s laws were changed to redistribute pensions into Wall Street. I say we do the inverse to Wall Street and expropriate the gains as “fruit of a poisonous tree” with new legislation.


I can grow vegetables and fix my own car. However I’ll be dead before I have to rely on either of those.

My hedge is to simply be less fucked than the person with no assets and huge debts. The world doesn’t go to shit with a boom but a slow whimper.


Really? I can think of at least a few cases in the last 100 years where it boomed unexpectedly; world war, energy crisis, recessions, depressions, pandemics…

Someone’s survivorship bias has lead to confirmation they’re ready for anything it seems.

Most Fortune 500s of last generation are gone. Good luck! Count me as one that is not making political choices with yours in mind, and would, in the future, not be honoring some story you have to tell about an unknowable past.


I think you missed the point. I'm not ready for any large change. No one is. What I have done is get myself into a position where I can do what I want to do before there is a change and hold out as long as possible. It's a dampening effect, a parachute. I'll be in the same shit as everyone else, just later.



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