I have seen so many $BTC “the top” calls on Fintwit. These top callers have also been calling equity market tops and SPAC tops.

Now, their battle cry is “you idiots will all be f’ed one day.”

The question I ask them is what if the one day is a 2-5 years or a decade from now?

Then, the question I ask you is how do you trust the judgment of these persistent and habitual top callers and their calls of imminent $SPX crash or $BTC #cryptocurrency crash or #SPAC crash, when they’ve been so stubbornly wrong for so long?

My followers know that I’m not a permabull or a permabear, I’m an opportunist. In the near term, I’m unapologetically in the risk asset bull camp, simply because of the unprecedented fiscal and monetary stimulus. You can be a contrarian and fight it if you want. I’m not doing it.

And if you take off your US centric lens and look around the world, you will notice that this risk asset thing isn’t just an US phenomenon. It’s everywhere. Case in point, you got real estate 2nd and 3rd tier cities in Australia going up 20-30% YoY. We are not in a bear, guys!

But it doesn’t mean to buy things indiscriminately. Must have discretion and discipline! For stocks, buy only businesses that you would be thrilled to be a part owner. For residential RE, buy only places you would actually live in. For crypto, I don’t know, just buy . Kidding!

I’ve also seen a lot of dot com comparisons...mostly from folks who weren’t there. I was a FP&A manager at a $100M SoftBank funded Pre-IPO startup in the Silicon Valley and witnessed the whole thing. The thing that most folks forget is it was the Fed who bursted that bubble.

And the Fed will have to burst the everything bubble we’re in now. They will be forced to do so eventually.

Thanks for reading my tweets. Enjoy your Super Bowl weekend!