Friday, November 4, 2011

The True Value Of Money (Literally)

As a follow up bonus from the Artemis presentation earlier, we present this chart which answers the age old question: what is the true value of money? It does so in quite a literal fashion, and explains why Kyle Bass is such a fan of nickels...

As a reminder, from Michael Lewis' book on Kyle Bass:
On nickels:






He still owned stacks of gold and platinum bars that had
roughly doubled in value, but he remained on the lookout for hard
stores of wealth as a hedge against what he assumed

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