What do you actually own when you buy a stock? It's not just paper—it's a legal claim on real assets, real cash flows, and real pricing power. In this episode, we break down why large cap U.S. equities can defend purchasing power in a debasement cycle, and how they fit into a complete portfolio strategy.
When inflation runs, the difference between fixed-dollar promises and earnings that adjust with prices becomes everything. We walk through equity ownership from the ground up: Walmart's inventory and floors, McDonald's prime real estate, the pricing power that lets businesses pass costs forward. Then we get practical about diversification—why single-stock bets are fragile, how low-cost broad funds spread risk across cycles, and where large companies' scale and global reach create resilience.
We also tackle the large vs small cap debate, explain why many U.S. giants earn nearly half their revenue overseas (giving you global exposure without currency risk), and show how market structure favors mega caps for hands-off investors. Currency risk can quietly undo a great foreign pick, so we break down the two-step challenge of international investing and why dollar-based households often benefit from U.S. multinationals.
And because no single asset wins every regime, we frame equities as one piece of a broader debasement hedge—alongside precious metals, Bitcoin, real estate, and bonds for near-term needs.
KEY TOPICS:
What equity ownership actually means legally and economically
Why pricing power beats fixed coupons under inflation
Diversification benefits over single-stock heroics
Large cap advantages: scale, liquidity, global footprints
Embedded international exposure in U.S. multinationals
Currency risk and why dollars still dominate for U.S. investors
Equities as part of a complete debasement hedge strategy
Find Du Charme Wealth Management here:
https://ducharmewealth.com
DISCLAIMER:
Information presented on this program is believed to be factual and up-to-date, but we do not guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed. Discussions and answers to questions do not involve the rendering of personalized investment advice, but are limited to the dissemination of general information. A professional advisor should be consulted before implementing any of the options presented. Encompass More Asset Management LLC is a registered investment adviser with the U.S. Securities and Exchange Commission (SEC) and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements.
[00:00:00] What Stock Ownership Really Means
[00:06:36] Equity Rights Versus Bonds' Fixed Dollars
[00:10:20] Real Estate Parallels And Business Basics
[00:15:23] Why Tilt To Large U.S. Companies
[00:20:43] Everyday Reliance On Mega Brands
[00:26:05] International Exposure Inside U.S. Large Caps
[00:28:12] FX Headwinds And Hedging Lessons
[00:31:20] Careers CTA And Listener Outreach