the world’s largest money manager said he was wrong

larry fink manages $11.5 trillion.

that’s more than the gdp of every country except the u.s. and china.

five years ago, he called bitcoin an “index of money laundering.”

but more recently? “my opinion was wrong. i believe bitcoin is legitimate.”

here’s what nobody talks about:

changing your mind is the most expensive thing you can do.

not financially. emotionally.

admitting you were wrong means admitting the people you dismissed were right. it means the weirdos on the internet saw something you missed.

the truth about paradigm shifts is that they don’t ask permission. they don’t wait for the institutions to approve. they just keep building until the institutions have no choice but to catch up.

larry fink didn’t change his mind because bitcoin changed.

he changed his mind because the world did. and by then, the early believers had already positioned themselves.

the question isn’t whether you were right five years ago.

it’s whether you’re positioned for the next five.