John Stepek
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The other thing I saw this week was Michael Saylor of what used to be called MicroStrategy.
And so he sold, I mean, compared to his Bitcoin stash, it was a handful of Bitcoins, but it was 32 Bitcoin and he's meant to be Mr. Diamond Hands.
buying hodl forever yeah um first time they sold in four years yeah i mean that's got to knock a bit of the wind out of people's sails with a thought definitely um but yes i guess we shall see what happens with that one and then turn into uh
Oh, God, there was a great quote in one of our colleagues' columns this week, Lionel Laurent, who works out of France.
And he'd written a piece about basically how Europe doesn't create big companies.
It's something we all complain about a bit.
And he was talking about risk aversion.
And he quoted this anonymous banker saying, yeah, in the US, if you ask to buy a risky asset, they'll give you something amazing like NVIDIA or something like that.
And he said, if you do it in Europe, they'll give you gilts.
So speaking of which, again, we saw there was a story out today that you picked up on saying that the government should be persuading the likes of you and I to stick more of our savings into gilts.
So what's the story here?
I mean, I do wonder, I think Simon French over at Palmier Libre, who comes on here fairly often, said recently, sort of like suggested that one thing the government could do was if they basically made gilts IHT.
Yeah.
And I think that would work really well.
I agree, yeah.
And actually, I almost think that politically it's one of those things that you could...