Ankh_Morpok on Nostr: There’s a lot of money tied up in people who think exactly like him. This is the ...
There’s a lot of money tied up in people who think exactly like him. This is the reality of financial systems. They want “yield” if not is a not performing asset no matter how much it intrinsically goes up. There property which goes up abt 5% a year but gives a yield of about 3%. They’re obsessed with yield but this is who money managers are. Take it or leave it but the vast majority of rich people think like him.
Published at
2024-09-18 16:06:51Event JSON
{
"id": "85fd2f69d1e5ca76e14568cb691de1a2c2617f9f019e630e315820aea9662818",
"pubkey": "a6e7bf3afcffafe94f5994ef30fe932ac3a290ee51e578b3291577b34049fb44",
"created_at": 1726675611,
"kind": 1,
"tags": [
[
"e",
"6423f48a65b0f23e39d2ffd15595654c84f83eb66c2e4c7820593365b0f189b0",
"",
"root"
],
[
"p",
"826e9f895b81ab41a4522268b249e68d02ca81608def562a493cee35ffc5c759"
]
],
"content": "There’s a lot of money tied up in people who think exactly like him. This is the reality of financial systems. They want “yield” if not is a not performing asset no matter how much it intrinsically goes up. There property which goes up abt 5% a year but gives a yield of about 3%. They’re obsessed with yield but this is who money managers are. Take it or leave it but the vast majority of rich people think like him.",
"sig": "72ea18601f4519e0a7d194341e66deb4aac3fc20673e388dd0b69e16a8aa7335947eae66d4c74ab59a2860c88e942b03724ed060dd5c53a80f0b3a6fa5602b39"
}