@elonmusk @CathieDWood @ARKInvest People often compare S&P market cap to US GDP:
apples to oranges (since companies sell global and domicile is decreasingly vital to distribution footprint).
apples to oranges (since companies sell global and domicile is decreasingly vital to distribution footprint).
@elonmusk @CathieDWood @ARKInvest And there is massive tailwind pressure from people, globally, trying to buy investable long-duration assets operating under the idea that they should stop producing/working at age 65 but continue living off saved resource until 90 (plus/minus 30 years?)
@elonmusk @CathieDWood @ARKInvest 3rd:
Investable assets are priced competitive to other stores of value. If locking money into the 10 year treasury yields less than 2% in annual incremental cashflow then what should I demand for an ownership share of a diversified set of global business interests?
Investable assets are priced competitive to other stores of value. If locking money into the 10 year treasury yields less than 2% in annual incremental cashflow then what should I demand for an ownership share of a diversified set of global business interests?
@elonmusk @CathieDWood @ARKInvest And, on a global basis, things don't look terribly out of line considering how much lower "risk-free" assets have moved 
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