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Reply to "percent of portfolio in bitcoin?"
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[quote=Anonymous]Who is getting emotional? I'm the 25% guy from above. Berkshire is one of my largest positions as well. My investment philosophy is pragmatic. Buy what works. Bitcoin is an incredibly effective inflation hedge because it is finite and decentralized. It isn't possible yo just "print" more thus decreasing the value of the existing currency. Even good companies can issue more shares, diluting present owners. Bitcoin can't. Sure there are bubbles, as in any market, and perhaps one is forming now. But I am more confident that Bitcoin will be much higher in 5 years than I am with any other position, thus the oversized allocation. It's not emotional, just common sense. [/quote]
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