This is a discussion about the cache replacement problem on which cache entry to evict when the cache is full and implementations of four popular replacement policies FIFO, LRU, CLOCK, and LFU in Go.
There are so many policies out there in a variety of contexts. If you have experience in them, trade-offs, and real-world use cases, I'd love to hear.
Of course in the short-term is very risky and would not recommend anyone to make an entry right now. I have been reducing my exposure as the prices have been going up.
However when you look at the fundamentals of the technology and what all governments are doing to money I think it is not a so risky bet for a 3-year (don't know, maybe 10-year?) bear market with high inflation. One of the greatest assets in the world for keeping your purchasing power intact. If the government keeps printing, the price will keep going up. Just like the Venezuelan bolívar is >1 Million to 1 USD. A question comes to my mind: are Venezuelans thinking that the US dollar is too risky to buy?
- There was a massive increase of money supply last year. That combined with the restrictions imposed on our economy by the pandemic means prices will certainly go up and purchasing power go down
- There are many indicators telling us the stock market is overvalued. Some of them: Warren Buffet indicator (cap-to-GDP), ev/ebitda, Shiller P/E, ...
- Commodities are historically at a low price
You should adjust your portfolio with the reality of the asset class (store of value, stocks, bonds, crypto, commodites, real state, ...).
You cannot predict if a crash is coming or not. And you should not. You should adjust your exposure related to risk. The greater the risk, less exposed you should be to that asset. It is not binary.
Right now
- Stocks are risky
- Gold and BTC as store of value to protect against inflation, not so risky
- Silver, oil, and other commodities, not so risky