every asset except owning (a) cash (b) fixed interest debt is an inflation hedgehttps://twitter.com/thesravaka/status/1420447023766061059 …
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if 100% of your assets are a house, then you are super exposed to an event that causes house prices to crash if you have house equity, plus oil stocks, plus tech stocks, plus BTC, plus T-bills, a house price crash doesn't hurt your net worth as much
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And David, the photo I attached was from Dr. Zhivago, set during the Russian Revolution, where the formerly wealthy protagonists had their fancy apartment seized to house the proletariat. It can all be taken away by force.
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