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James Lavish
@jameslavish
Co-Managing Partner of Bitcoin Opportunity Fund | Board Director of Strive (NASDAQ: ASST) | CFA | Author of 💡The Informationist Newsletter
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Joined August 2009
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    Most people have never heard of the Cantillon Effect. But once you understand it, you’ll see the world of investing differently. What is it? In the early 1700s, Richard Cantillon noticed a simple pattern: When new money enters an economy, it doesn’t reach everyone at once. And
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    You think PayPal is bad. Wait until you see what they can do with CBDCs.
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    Let me be clear. If Kamala Harris somehow forces a 25% unrealized capital gains tax, the flight of capital out and subsequent collapse of the US markets would be absolutely breathtaking. And the ultimate result would be far lower tax revenues than we have right now.
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    SVB had a Moody’s credit rating of A just 3 days ago.
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    If you bought a home in the United States in the year 2000 for $250,000 cash and it is worth $433,000 today, you did not actually make any money. You just kept up with average inflation. And if you add in any cost of maintenance, you’ve actually lost money on the ‘investment’.
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    Good morning. In the month of August, the US government took in $307 billion in taxes and fees and spent $687 billion, for a deficit of $380 billion. This works out to be an annualized deficit of $4.56 trillion. Have a great weekend.
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    So, I can take all my cash, head down to the Bellagio and bet it all on black. No questions. But if I want to allocate a few percent of my 401K to $BTC, Senator Warren suddenly has a problem?
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    If you’re selling #Bitcoin here because of fears of war and civil unrest, you have absolutely no idea what you own and why it is so vitally important for the world at this very moment.
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    There is nothing more offensive and obscene than billionaires flying private jets to a remote Swiss village, dining on Wagyu filets and the world’s finest wines, while telling you to turn down your thermostat, stay within 20 miles of your home, and eat insects for dinner.
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    In 25 years of investing, I’ve found that the big money is not made in trading. The big money is made in holding.
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    At $20K BTC, if you believe that the downside risk is $10K and the upside potential is $250K, then at these prices there is a .5X downside and 12.5X upside. This is a 25 to 1 Reward to Risk profile. This is compelling.
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    So guys, hear me out: I think we let our governments get too big.
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    In the US, Federal... 2003: Debt: $6.8 T GDP: $11.5 T 2013: Debt: $16.8 T GDP: $16.9 T 2023: Debt: $32.6 T GDP: $26.5 T You see the problem, right?
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    Having been an institutional investor for over 25 years, and after spending just a few days at #Bitcoin2022, I can confidently say that the network of intelligence in #Bitcoin is far superior to that of Wall Street. It’s not even close.