I was watching an interview with Ron Baron of Baron Capital Group, Inc., on CNBC. Here is the link: https://www.youtube.com/watch?v=8Ju-syrQJHA. Ron said that he is investing in growth stocks, not commodities, nor bitcoin to hedge against inflation.
I’ve been puzzled lately that so many gurus has been recommending people to get out of the market now.
China will crash and take US along. The more you look into the crisis with regards to the property market in China, the mounting debt with high-speed rails and the extreme Covid measure, it is easy to conclude that the world will end, there will be a war. US is not doing much better… All is lost.
Take a deep breath and listen to Ron, I think he is right about one thing, we know that to fight inflation you have to own assets that can generate returns above the inflation rate. That is the key. Everything else… it is scary out there. Tread with care when you are investing.