Bitcoin rears its head once again, this time because Tesla decides to "invest" $1.5 billion in this crypto. Skippy and Doogles discuss the merits of this latest questionable move by Mr. Musk, and then move on to the less questionable wisdom dropped on a recent interview between Meb Faber and Jeremy Grantham — arguably the best interview we've heard as of late. Then Skippy and Doogles to debate how to hedge against a potential correction (dare we say crash?!?). Doogles is laying his hat in the commodities game...and betting on HVAC! Only time will tell if his cockamamie rationale pays off.
The episode wraps with a run through of the most dominant equities over the last 90 years — spoiler alert, most individual stock investments don't pan out....so we should study failure, and not just success.