The Coronavirus Stock Portfolio: One Month Later

  • Amazon (AMZN), which would deliver all our stuff;
  • Netflix (NFLX), which would deliver all our streaming;
  • The Clorox Company (CLX), which deliver all our sterilization;
  • Zoom Communications (ZM), which would deliver all our staff meetings.
  • The Non Believers Portfolio, which is basically 2/3 stocks and 1/3 bonds, is up 12.8% since we began tracking this on September 1, 2018. (This would be your plain-vanilla portfolio with no digital assets, for reference.)
  • The Baby Believers Portfolio, which is the same thing but with a tiny slice (2.5%) of bitcoin, has outperformed (13.6% vs. 12.8% growth). That sliver of bitcoin makes a difference, as it helps cushion the stock market fall.
  • The Big Believers Portfolio, which has a slightly higher percentage invested into the top 3 (bitcoin, Ethereum, Ripple), has done about the same as the Non Believers (12.7% vs. 12.8% growth).
  • Stocks are down -7.2%
  • Bitcoin is up +0.1%

There’s Always Opportunity

  • Printing money: More nations will use quantitative easing to help their citizens make it through. What will this mean for inflation rates? Will the U.S. remain the dominant reserve currency?
  • Economic stimulus incentives: To get industries restarted, governments will likely offer rebates on mortgages, cars, appliances, and other “big ticket” purchases. Which companies will benefit?
  • Small business help: To keep workers employed, governments will likely pump more money into small businesses (it’s more expensive in the long run to lay off than to furlough).
  • Bailouts: Core infrastructure industries (airlines and potentially banks) will need help staying afloat. Who will receive bailouts first? How will these industries change in a few years?
  • Digitization of money: We’ve seen the pain of quickly getting all this money into the hands of the people who need it. How will this speed up the development of a “digital dollar”?
  • Globalization of money: As we’ve discussed over the past few weeks, a global crisis requires a global response. Expect to see the IMF take a bigger role in overseeing a kind of “world money.”

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Sir John Hargrave

Sir John Hargrave

1.1K Followers

CEO of Media Shower. Publisher of Bitcoin Market Journal. Author of Mind Hacking. Making things better.