Bitcoin in the VP

[dualstow]

What happens when Michael Saylor owns all the bitcoin?

[Smith1776]

I notice that as the price of his stock and bitcoin has gone down, he's become more unhinged in his interviews.

Interestingly, despite the incredible drop, the stock is still selling at a net asset value multiple of 1.19. It's hard to make the argument it's particularly undervalued.

[dualstow]

I saw him on Fox Biz yesterday and he seemed ok, but…I’m still afraid to buy in, even though I love the concept of using it as a medium of exchange.

[mathjak107]

just keep it very low as far as a percentage .

i keep it at about 1.50% of invested assets.

[dualstow]

just keep it very low as far as a percentage .

i keep it at about 1.50% of invested assets.

With your net worth, that's a lot of money!

[Smith1776]

My target allocation is 5%.

[mathjak107]

just keep it very low as far as a percentage .

i keep it at about 1.50% of invested assets.

With your net worth, that's a lot of money!

it’s enough to keep it interesting but not enough to really hurt