Jordi Visser
π€ SpeakerAppearances Over Time
Podcast Appearances
It is a true scarce growth asset that is based on what Mike Novogratz said so eloquently there.
Whatever you think about Mike Novogratz, it is a asset that was built by a community, plain and simple.
It is accepted as an asset.
Hundreds of millions of people around the globe accept it as an asset.
To me, in a world of deflation, I don't know what's gonna be here three years from now, which means by definition,
The moats are gone and you have to believe in something that has a moat.
And as I've said, religion, gold, and now Bitcoin.
So at the end of the day, the one thing that all people have, whether they're sitting at home or they're working on Wall Street, is greed.
I don't care what it is.
You're always interested in making money.
And whether it's, I'm trying to think, Norton from the Honeymooners, which is a little bit after your time, but still, for the people out there my age right now, there's always a scheme that's going on.
There's always some way to make money.
Money is a driving factor in a lot of things.
I really do try to follow a Buddhist framework in my head and think about things in that way.
And money is a delusion.
People think it brings them happiness, but when you get more, you need more.
So greed is just part of human nature and it's just part of the things that are pleasure seeking.
So I believe there's a rotation that happens.
When you get into deflation, like you're getting now, you avoid the things that are deflating.
Ford has been a horrible investment.