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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: WendyBG x2🐝  😊 😞
Number: of 4460 
Subject: Re: Control Panel: All Assets Rising
Date: 10/06/25 10:07 AM
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No. of Recommendations: 6
Jeff wrote, "Something which you didn't mention which is also at an all-time high is Bitcoin when you were discussing assets which could be used with margin to keep the balloon inflated."

Actually, I did mention bitcoin. I also added IBIT, the largest bitcoin ETF, to the Control Panel.

Jeff wrote further, "(Who abashedly admits to never owning any bitcoins and still doesn't "get" why they should be worth anything)"

I'm with you there. All cryptocurrencies are inherently speculative. Like gold, they don't produce interest or dividends and can't be used as currency to buy stuff. Unlike gold, they do not have a physical existence and could evaporate into the ether in the event of an electronic interruption like another Carrington event.

Wendy

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This community has written 4,454 posts about Macroeconomic Trends & Risks. The article-length ones it recommended most:
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Control Panel: Trend changes in 2026 · 34 recs · 2026
From the Oregon Bay Area (a blogger) · 33 recs · 2025
Lerner Symmetry Theorem · 32 recs · 2025
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