The Real Reason You Lose 8% Every Year

In this episode, we sit down with a CPA and financial advisor to deconstruct why traditional value investing models are failing in the current economic environment. We explore the critical flaw in modern accounting, which relies on an unstable dollar that distorts business performance and erodes long‑term wealth. By analyzing ten years of data comparing the S&P 500 against M2 money supply growth, we reveal how many investors are simply treading water rather than generating real returns. We also discuss how the convergence of AI and Bitcoin creates a deflationary future that contrasts sharply with the inflationary reality of fiat currency. This conversation challenges financial professionals to fix their measuring stick before it is too late. Chapters (00:00:00) - Guest introduction (00:02:09) - Merging Tax Services with Bitcoin Wealth Management (00:08:00) - The Success of a Physical Bitcoin Office (00:12:35) - Why Traditional Value Investing Models Are Failing (00:14:12) - The Danger of Measuring Wealth in Unstable Dollars (00:21:35) - Why Bitcoin Is the Only Stable Unit of Account (00:24:00) - Exposing the Flaw in Corporate Finance Assumptions (00:32:38) - Researching M2 Money Supply vs. S&P 500 Returns (00:37:00) - Is the 60/40 Portfolio Strategy Dead? (00:41:00) - Calculating True Inflation Beyond the CPI (00:45:50) - Shrinkflation and the Hidden Cost of Quality Reduction (00:49:00) - The Disconnect Between Wall Street and Main Street (00:51:40) - How AI and Bitcoin Drive Future Deflation (00:54:50) - The Hopeful Case for Bitcoin Adoption Guest Links Jonathan Kamps, CPA at Orange Horizon Wealth, LLC, a division of Vista Investment Partners X: https://twitter.com/KampsJonathan Jonathan's article The Illusion of Growth: https://tinyurl.com/66meh4ek Orange Horizon Wealth Website: https://www.orangehorizonwealth.com/ Host Links Jordan Guess: X: https://twitter.com/jordanguess Discord: https://discord.com/invite/Xg55GVkc3f Wyatt O'Rourke: X: https://twitter.com/wyattorourke_ Website: https://www.basilic.io/ Bitcoin for Financial Services Media Links: X: https://twitter.com/BFFS_media Website: https://bffs.media/ YouTube: http://www.youtube.com/@BFFS_Media Check out our awesome show sponsors! Basilic Financial: Your wealth deserves intention. Basilic Financial is a Bitcoin-focused wealth management firm that helps clients find balance between money and meaning. Basilic integrates sound‑money strategies across four personalized services: financial planning, individual wealth management, retirement services for SMBs, and Bitcoin financial services. (Link: https://www.basilic.io/) Bitment: Tired of messy CSVs and broken cost basis? Bitment is the first Bitcoin-native accounting platform for CPAs, advisors, miners, and serious investors, delivering clean Bitcoin bank statements, reliable cost tracking, full reporting, and seamless fiat integration through Plaid. Ditch the headaches with robust accounting for the hardest money on earth. (Link: https://www.bitment.co/) Satoshi Pacioli: Run a Bitcoin business? Meet your full-service accounting and tax partner built for the Bitcoin economy. Satoshi Pacioli handles bookkeeping, financial reporting, tax compliance, and strategic planning for companies and individuals. Work with advisors who speak Bitcoin and keep you compliant while building long-term value. (Link: https://satoshipacioli.com/)