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What is Money? This Infographic Makes it Clear

With public discourse currently dominated by discussions of cryptocurrencies like bitcoin, their parody-turned-reality cousins like dogecoin, and the persistant belief by certain politicians that

With public discourse currently dominated by discussions of cryptocurrencies like bitcoin, their parody-turned-reality cousins like dogecoin, and the persistant belief by certain politicians that a return to the gold standard would represent anything less than a complete disaster, the issue of what money actually is has become a question more people are considering. It's a question rooted in everything from macroeconomics to behavioral psychology to philosophy, and it's one this infographic from BuddyLoans tries to tackle.

 

Graphic courtesy of BuddyLoans.com

 
Many people think of position size in terms of how many shares they own of a particular stock. But it’s much smarter to think of it in terms of what percentage of your total capital is in a particular stock.