TheBitcoinTroll on Nostr: I wonder what Schiff’s investors think when he goes on national television and ...
I wonder what Schiff’s investors think when he goes on national television and discusses how #Bitcoin has outperformed every asset class, including gold and stocks.
Personally, I would be disgusted. Let’s play this scenario out. I gave you my money to make the best possible financial decisions for me. You knew about the asset class this entire time and refused to take it seriously, costing me an ungodly amounts of financial gain. I then see you on television debating the topic and your stance is essentially “I know my life and all of my investors financial lives would be exponentially better if I had bought Bitcoin, BUT guess what, Bitcoin doesn’t have intrinsic value so I’ve actually been right this whole time, you’re all suckers!”
Maybe? I obviously disagree, but regardless of who’s right between Petey and myself, would that change your feelings as an investor in his fund? Right or wrong, I still missed out on thousands of % of gain in my portfolio when I trusted you to make THE BEST possible decisions, not average or sufficient decisions.
What Petey should be doing is going on national television and apologizing to his fund investors for life changing money they missed out on because of him, and begging for their forgiveness, promising them that he would do better next time. Not being the guy with the ego who cannot admit he was wrong and take responsibility for doing so.
My two Sats.
Personally, I would be disgusted. Let’s play this scenario out. I gave you my money to make the best possible financial decisions for me. You knew about the asset class this entire time and refused to take it seriously, costing me an ungodly amounts of financial gain. I then see you on television debating the topic and your stance is essentially “I know my life and all of my investors financial lives would be exponentially better if I had bought Bitcoin, BUT guess what, Bitcoin doesn’t have intrinsic value so I’ve actually been right this whole time, you’re all suckers!”
Maybe? I obviously disagree, but regardless of who’s right between Petey and myself, would that change your feelings as an investor in his fund? Right or wrong, I still missed out on thousands of % of gain in my portfolio when I trusted you to make THE BEST possible decisions, not average or sufficient decisions.
What Petey should be doing is going on national television and apologizing to his fund investors for life changing money they missed out on because of him, and begging for their forgiveness, promising them that he would do better next time. Not being the guy with the ego who cannot admit he was wrong and take responsibility for doing so.
My two Sats.