If you have ever read a finance book or picked up a business degree—because business; you have to work somewhere someday—you know some basic foundations of investment. You know that the U.S. equity market offers the greatest amount of return and is the best place to invest, that your money loses value in a savings account because of deflation, that consistent investing is the most important strategy to increasing wealth, the importance of diversification, how to establish a sound investment strategy that meets your goals, and of course, that you should not speculate, Unvest instead.
Nick Caserio has other ideas for your portfolio. Speculation and getting involved in hypotheticals is not worth getting into regarding Deshaun Watson, but it could be a good idea for your wallet.
#Texans GM Nick Caserio on how they’re planning for what may happen involving @deshaunwatson:”We’re not gonna really get into a lot of hypotheticals&speculation.I’m not really good at that.Maybe somebody else is better at that than me.U want to speculate probably go by Bitcoin..” pic.twitter.com/dAKuF1xJRH— Mark Berman (@MarkBermanFox26) April 16, 2021
Don’t speculate in bitcoin. Buy bitcoin if you think it meets the requirements of currency (it does; it offers an alternative to the gold standard most nations abandoned in order to enact the federal reserve, or their version of it, to act as a lender as a last resort, which ended up creating a wide series of issues),. If you are going to speculate, speculate about sports, something that happens on a television screen and has no tangible actual effects on your life whatsoever. Sure, it increases utility, or if you are a Texans fan, hurts your feelings and makes you wonder why you even get up in the morning, but these are fuzzy and vague things, not actual things.
Caserio also had the following to say about his quarterback:
Nick Caserio on Deshaun Watson: 'I really don't have any comment. I know Cal and ownership put a letter out on the organizational stance. I don't have anything to add. It's a legal process. The focus is on the offseason program and getting ready for the draft'— Aaron Wilson (@AaronWilson_NFL) April 16, 2021
Caserio talked about a few other things aside from Deshaun Watson, which really just means he was indirectly talking about Deshaun Watson.
Nick Caserio on trade scenarios: 'Part of our draft preparation is to look at different scenarios. The most important thing is to be prepared to pick when you're scheduled to pick. There's no set formula. It's very player specific and player driven.' Texans' first pick is Rd 3— Aaron Wilson (@AaronWilson_NFL) April 16, 2021
Nick Caserio on QB situation: '(Tyrod Taylor) has some experience with members of our staff (David Culle, Pep Hamilton) Notes that team needed to add to position regardless since Deshaun Watson was only quarterback under contract— Aaron Wilson (@AaronWilson_NFL) April 16, 2021
Nick Caserio: 'The most important thing for us is to do what's best for the Houston Texans and that's what we're going to do.'— Aaron Wilson (@AaronWilson_NFL) April 16, 2021
Nick Caserio on his roster moves: 'What we've tried to do is create as much competition as possible on the team. Our focus is not position specific. Just try to bring as many good players in the building, let the competition take care of itself.'— Aaron Wilson (@AaronWilson_NFL) April 16, 2021
The 2021 NFL Draft begins Thursday, April 29th with the first round, carries into Friday, April 30th with the second and third rounds, and finishes up on Saturday, May 1st.