One of finance’s juicier ironies:
Vanguard is stacking massive BTC exposure via $MSTR, $MTPLF & Co while still professing to despise bitcoin.
This virus truly is unstoppable.
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Vanguard CEO Salim Ramji:
"We like investments that deliver cash flow or have the prospect of delivering cash flow... We don't have a gold ETF. We don't have a silver ETF. And so it's a logical extension as to why we don't have ETFs in other things that don't either deliver cash flow or have the prospect of delivering cash flow".
🤦♂️ 🤦♂️ 🤦♂️
It’s like that scene in the big short where he realizes “OMG, they’re stupid”. It wouldn’t surprise me if this guy hasn’t read a single solitary page of Mises.
😂 It wouldn’t surprise me either. It’s crazy they’re still anti-Bitcoin