#JohnBogle was right because most money managers can't consistently outperform the market due to high fees and frequent trading.
#Bitcoin, representing a pure market driven by supply and demand, lacks these management fees.
It's hard for money managers to beat Bitcoin since it operates 24/7 and isn't influenced by individual management decisions.
Over the long haul, passive investment in Bitcoin can often yield better results than active management due to its decentralized nature and market-driven dynamics.
https://youtu.be/3TLVyRoLlJs?si=q0_JbznLY_TQGrph
WBTM / WHAT BITCOIN TAUGHT ME ⚡️
npub1jap…zrsl
2024-06-03 05:59:26
Author Public Key
npub1japy2cjly7e9hgzcxnaqul6ppmyskrvww63dxsxvyfqsjg90yxmsvtzrslPublished at
2024-06-03 05:59:26Event JSON
{
"id": "8f17be7a2e6797b668d5eb7f1df97885183a8df9dc020b45035179310322deeb",
"pubkey": "974245625f27b25ba05834fa0e7f410ec90b0d8e76a2d340cc22410920af21b7",
"created_at": 1717387166,
"kind": 1,
"tags": [
[
"t",
"johnbogle"
],
[
"t",
"bitcoin"
],
[
"r",
"https://youtu.be/3TLVyRoLlJs?si=q0_JbznLY_TQGrph"
]
],
"content": "#JohnBogle was right because most money managers can't consistently outperform the market due to high fees and frequent trading. \n\n#Bitcoin, representing a pure market driven by supply and demand, lacks these management fees. \n\nIt's hard for money managers to beat Bitcoin since it operates 24/7 and isn't influenced by individual management decisions. \n\nOver the long haul, passive investment in Bitcoin can often yield better results than active management due to its decentralized nature and market-driven dynamics.\n\nhttps://youtu.be/3TLVyRoLlJs?si=q0_JbznLY_TQGrph",
"sig": "3a01cf642b00edc4246d4c5ef44236609753484d768894f9e19493604161cf31f36fee707c7d5c7191db116f05b5d26a894c2ad234891fa3d6a2e1bfdfb996c6"
}