the market can remain irrational far longer than you can remain solvent.

the world is full of bubbles right now but the wisest move is to hoard cash while the trumpets are playing and buy everything after the dust settles. like warren buffet isnt trying to time the crash, its long overdue.

some areas do fine without income taxes. plenty of other types of taxes.

ok but why not gold or silver then? also obviously without currency controls all modern countries would have drastically smaller economies.

wouldn’t a security/investment require a fundamental book value?

its crazy that i have several apple airports around and havent needed a reset or update in at least 6 years. always ready for airplay2, a stabdard which didnt exist when they were obsoleted. meanwhile my ring and eero fail weekly.