How My Investments Outperformed During the Pandemic
The most punk way to invest in the 2020s
In an era of hail mary’s and risky investments, the way to be punk these days is to lean on the side of caution. That’s what I did last March, and 2020 was my best year yet.
Regardless of what Warren Buffet was working on, I’m glad I didn’t listen when my boss told me to bet on the airline industry in 2019. Like how I’m glad I didn’t listen to everyone’s advice to bail out of the market in March of 2020.
2020 was my best year yet.
Looking back through the last two decades, there were two punk moments (the times when you go against the grain of typical thought and find an alternative, usually cool and risky, way of making it). One was investing in streaming and other digital companies back in the late 2000s. The second was investing in digital currency, like Bitcoin or Dogecoin.
Today, however, there’s a new way to go punk with your investing.
Gamestop is not the way
Bitcoin suffered through some ups and downs, but anyone holding onto it from a decade ago is happy they did. Bitcoin was a risk and still is to some degree, but it looks more and more like digital currency will become a thing. They got lucky.
