Would anybody have picked Microsoft as the most likely company to add four new Microsofts to the world in e.g. 2012?https://twitter.com/destraynor/status/1197612117794406402 …
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Why so much confidence on negative view on bitcoin then?
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Inputs-wise, because I put in the work. It seems extremely unlikely to me that I have spent more time thinking about how Microsoft's business works than the marginal buyer for
$MSFT. Than the marginal Bitcoiner? Probably. Outputs-wise, testable predictions about future. - 4 more replies
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was very easy to see them as a dumpster fire of mismanagement when they were doing the seemingly annual $6 billion acquisition then prompt $6 billion writedown on stuff like aQuantive and Nokia. they've done great extending their core Office products across devices w cloud
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I gave up on mine somewhere in late 2013-early 2014 after 10 years of going nowhere, in favor of stocks that initially performed better but have in aggregate done substantially worse.
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I bought a bunch of Apple stock at $0.75 and watched it drift down. Then Steve Jobs was coming back and it rebounded and I sold it. Sold it.
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