Operation Saylor - Episode 11/120
Hi again and welcome to another episode of the Operation Saylor. This is update number 11, corresponding to May 2023.
If you are reading this for first time, you might want to check Episode 1, where my plan and details are explained. That will get you in context.
Stats
- BTC stack: 1.4435 BTC
- € stack: 38 €
- Current total value in €: 35,982.62 €
- € into BTC: 30,000 €
- Paid back to bank: 3,662.00 €
- Outstanding debt: 40,282.33 €
- Installments to go: 110
Charts
Log
Another month rolls by. This months I don't have any relevant updates on Operation Saylor itself. Everything is running just as expected, and the only event in the past days has been the usual monthly installment paid back to the bank.
Recently, I read this piece by Jesse Myers (aka @Croesus_BTC). In it, Jesse discusses the nature of different asset classes and brings back the speculative attack thesis that was initially presented by Pierre Rochard.
It was a nice summary without much to add to previously existing ideas. Nevertheless, the article had these super simple charts that pretty much summarize the Operation Saylor strategy. It was peculiar to see such a synthesized visual on something I have spent so many nights, spreadsheets and lines of code working on.
The visuals talk for themselves:
https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F43b96266-a7e2-4325-b040-9d71716d56e5_1320x808.pnghttps://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F46f3d422-937f-4104-84eb-d32a7b47b444_1200x739.pnghttps://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F45f61299-ee71-4e7a-b3e8-c35e2dcddc3e_1200x739.png
Operation Saylor is definitely contrarian to many people's approach to personal finance and I am fully aware that most of my relatives, friends and close ones would label me a fucking-wacko gambler for doing this. I already knew this when I onboarded into the journey and I fully welcomed it. But it's also nice for me to see other people (and specially, smart people) coming to the same conclusions as me. It gives me a little break from the mental tension that comes with always holding the "you are all wrong and I'm right" stance.
I'll keep it short this month. As always, thanks for reading and I'll see you around next month.