In the past 20 years, Warren Buffett's investment performance was 554%, which did not outperform the S&P 500's 568%.
The S&P 500 brings together the top 500 listed companies in the United States, accounting for about 80% of the total market value of the U.S. stock market, which is the so-called "Beta".
The truth of investment is always extremely cruel. Most of the smartest investment managers spend their entire lives pursuing Alpha (excess returns), but in the end they find that they can't outperform the market Beta.
For most investors, it is better to lie flat at the beginning, buy indexes, and get rich passively.
And in the crypto market, how many assets have outperformed Bitcoin?
How many diligent traders and primary fund managers have finally outperformed Bitcoin?
Very few! 🙈
So, if you don't have enough time and energy, as well as enough trial and error costs,
then BTC is really a good target, and it is open to everyone,
so the question is, what proportion of your position does your BTC hold? 😂
