Odaily reported that Serenity, known by some market participants as the “white-haired stock god,” argued in a post on X that investors should not focus only on 5% yields on 10-year or 30-year U.S. Treasuries. To make the point, he cited the price of a Subway sandwich, saying it had risen over 12 years from about $5 to roughly $20 after tax, which he described as equivalent to an average annual increase of about 12%. Based on that comparison, Serenity said investors looking to hedge inflation tied to daily living costs should consider stock exposure instead of relying only on Treasury income. He specifically pointed to the SPDR S&P 500 ETF Trust, traded under the ticker SPY, as an example of the kind of equity asset that could be used to address that type of inflation pressure.
Serenity said in a post on X that people should not focus only on 5% yields offered by 10-year or 30-year U.S. Treasuries, according to Odaily.
He used a Subway sandwich as an example, saying its price had climbed over 12 years from about $5 to roughly $20 after tax, which he said works out to an average annual increase of about 12%.
Serenity added that investors seeking to hedge inflation tied to everyday living costs should use equity assets such as the SPDR S&P 500 ETF Trust (SPY).
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