What I’m Crunching — March 17, 2024

Book I’m Reading

I’m reading this with my Dad; I just started last week. It’s an excellent, thorough history from Lyn Alden. I read nearly everything she writes and have benefited immensely from her analysis of both historic and current macro conditions.

Podcasts I’m Listening To

Video I’m Watching

Michael Saylor of MicroStrategy (MSTR) is executing a remarkable short inflation strategy. His company is borrowing USD and using the proceeds to purchase Bitcoin (which he believes to be the hardest asset in history). He’s borrowing a devaluing currency (USD has lost 86% of its value in the last 50 years), and purchasing a hard asset (Bitcoin’s compound annual growth rate since inception is nearly 200%).

Keep your eye on MSTR over the next year, as I expect it to massively outperform. The next Bitcoin halving is expected around April 19, 2024, after which Bitcoin’s price (and therefore, MSTR’s price) should melt up into the second half of this year. There will be much volatility along the way.

Tweets I’m Reading

If you have feedback for me, if something resonates and you want to see more of it, reply in the comments below. You can also tweet at me on Twitter @the_cody_hall.

I look forward to hearing from you!

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