WTF is an NFT?

Are you a HODL'er with FOMO on NFT's? The fact that Buffett and Munger wouldn't have a clue what that sentence means should tell you everything you need to know. But either way, this is the world we live in now and so this episode we're starting with a discussion around what non-fungible tokens (NFT's) actually are and why you should probably continue to ignore them. Just to be totally clear, we do not HODL or have FOMO.What is an NFT, and can you make a serious investment case for them? (1-5min)Real world implications of where you invest your dollars and understanding skill over luck (5-12min)Diversification with concentration, an overview of our portfolio structure (12-17min)The value of experience, understanding how wealth gets compounded and the dangers of unregulated speculation (17-23min)Bringing with world of crypto and NFT's back to hard reality and facts (23-29min)Kass' crypto coin wish list (29-33min)The use of leverage, other obvious risks right now and a final rant session (33-38min)We really hope you enjoy the discussion and look forward to sharing more entertaining and (hopefully!) helpful content with you in 2021 and beyond. For more content you can find us on the links below:Twitter:@mitch_dol@kassia_dolYoutube:"Buffetting with Kass & Mitch"FB/Insta:@buffettingkassmitchAlways remember - We are not your financial advisors and none of our content should be used as investment advice. We are private investors and all comments are our personal opinions.