The Berkshire Paradigm: A Symbol of Economic Exclusivity
Berkshire Hathaway’s formidable share price is not just a number, it’s a barrier. At over half a million dollars for a single share of BRK.A, it’s clear that Warren Buffett’s investment vehicle was never meant for the everyday investor. Oliver L. Velez, a seasoned trader, argues that this was a deliberate choice, designed to cultivate an aura of exclusivity and keep economic power within a select circle. It’s an approach that has kept Berkshire as the playground of the affluent, far from the financial grasp of the general public.
In a recent Twitter exchange, a user inquired about the possibility of purchasing fractional shares of Berkshire Hathaway. Oliver L. Velez confirmed this is possible, noting that the creation of fractional shares and a more affordable ETF version of Berkshire Hathaway has been a strategic move. According to Velez, while these options make the investment more accessible, they come with fewer rights than the full shares. This could be seen as a way to maintain a degree of exclusivity, keeping the more influential and rights-endowed investment within the reach of a select few.
Wall Street’s Bitcoin Epiphany & Its Consequences
Initially, Bitcoin was met with skepticism by Wall Street, largely dismissed as a speculative bubble or worse. However, as its foundational technology—blockchain—gained legitimacy and the asset class matured, the tune changed dramatically. Now, Velez suggests, the financial elite are seeking to capitalize on Bitcoin’s potential for wealth creation and freedom, in much the same way they have with traditional high-value assets. The concern is that this newfound enthusiasm could inflate Bitcoin’s price beyond the means of ordinary people, echoing the exclusive pattern set by Berkshire Hathaway.
The Inaccessibility of True Ownership in a Bitcoin-Dominated Future
In an urgent call to action for potential investors, the message is clear: the window to purchase Bitcoin directly is closing. Drawing a parallel to a world where only 21 million homes exist for 10 billion people, the analogy suggests that once you sell such a rare asset, reclaiming it is nearly impossible. As Bitcoin’s value continues to soar, reaching a point where it rivals the most valuable commodities on Earth, the practicality of selling it becomes questionable.
Investors are urged to understand the gravity of the situation; the future may only allow earning Bitcoin through labor, as direct ownership becomes a privilege of the past. This perspective emphasizes the importance of securing Bitcoin now before it transcends traditional ownership and becomes a token of labor. The takeaway is stark: act now, or risk being relegated to holding merely a paper representation of Bitcoin with none of the benefits of true ownership.
The scarcity of Bitcoin is set to redefine the concept of asset ownership. With a capped supply of 21 million coins, the opportunity to own Bitcoin directly is dwindling. Velez warns that soon the only way to “own” Bitcoin might be through indirect means, such as purchasing shares of ETFs that hold the asset, rather than acquiring the coins themselves. This development could mark the end of the democratized vision many had for Bitcoin, turning it into another tool for financial gatekeeping.
Berkshire Hathaway (BRK.A) is trading at $554,300 a share. Its price is out of the reach of 99% of all human beings on Earth. You see, Warren Buffett never wanted his baby accessible to you, the masses. It was only for the elite, only for the priveledge, only for those closest to… pic.twitter.com/s9ikElnjee— Oliver L. Velez ⚡️ 13%'er Bitcoiner (@olvelez007) January 8, 2024
The Dichotomy of Wealth and Access
As the narrative around asset ownership becomes more polarized, the discussion shifts to the philosophical underpinnings of wealth and freedom. The strategies of entities like Berkshire Hathaway and the evolving market dynamics around Bitcoin raise critical questions about inclusivity and the distribution of economic power. How the investing community responds to these challenges could shape the trajectory of wealth accumulation for generations to come.
The financial divide is likely to widen as high-value assets like Berkshire Hathaway shares and Bitcoin become less attainable for the average person. The implications of this trend extend beyond mere investment opportunities, touching on the very ideals of economic freedom and equality.
- Lucy Walker is a journalist that covers finance, health and beauty since 2014. She has been writing for various online publications.
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