Post #10371 by Mrg5a on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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I do think it is a rather useless asset and does represent some awful impulses: greed, corruption, lack of transparency etc. But this populist movement seems to only be gaining momentum sadly.

If only a part of a larger basket of securities, I think why not allocate a sliver to calm the FOMO? Some stock picks have utterly failed, yet we do not seem to judge them in the same way we would buying bitcoin.

On the contrary, a 1-2% allocation to BTC becomes only 10-20% of the portfolio w a 10x, so it does become challenging allocating any sort of meaningful size. Only at larger allocations does it actually begin to make life changing gains (assuming it reaches the adoption they proclaim)

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