For those of you who are starting to invest in stocks,
I don't think it's too late.
I had a lot to say about coins,
but the reason I didn't do it was because I was busy looking for assets that would rise in the future.
I analyzed the 10/10 liquidation,
looked at the macro to see if the bull market would return,
looked at altcoins and charts, looked for any governance issues, and so on...
I felt like even that was a waste of time.
Unlike coins, stocks aren't a zero-sum game.
Unless the company is issuing excessive paid-in capital,
there's no "unlocking" in stocks.
There's no "vesting." They're already unlocked.
And if a major shareholder sells, they must disclose their holdings.
Stocks offer a win-win situation for everyone.
People who don't invest in stocks buy the product,
and the company generates sales and profits,
which then provides dividends and buybacks. Money from people who don't invest in stocks is being taken from the pockets of those who do.
There's a quote I heard at a recent gathering that sticks out the most.
If you draw a QQQ/SPY chart,
after the IT bubble, after several years of sideways movement,
the moment it suddenly begins to rise is the "iPhone launch."
The era of smartphones has brought about many changes over the past 15 years.
And this year, even greater momentum is coming.
In this changing world,
even if I can't change the world,
the only thing I can do is own a company that will.
Welcome to becoming a stock investor.
