Monday, March 29, 2021

Cathie Wood — On Bitcoin: '$1 Trillion Is Nothing Compared To Where This Will Ultimately Be' Samyuktha Sriram

According to research from ARK based on “a million Monte Carlo simulations,” if institutions want to minimize volatility and maximize their Sharpe ratio, they should put something between two and a half and six and a half percent of Bitcoin in their portfolios, because of its low correlation to any other asset class.

What could possibly go wrong?

Yahoo Finance — BenzingaSamyuktha Sriram

See also

Maybe less than zero figuring in mining cost, transaction cost and externalities? Oh, and "prosecution futures."

New Economic Perspectives
The Fair Price of a Bitcoin is Zero
Eric Tymoigne

Related

Slope of Hope
Gold is Garbage
Tim Knight

also

Yahoo Finance — Worth
Bitcoin 101: Could Cryptocurrencies Eventually Replace the Dollar?
Evan J. Mayer

See also

Forbes
Legendary Investor [Ray Dalio] Warns Bitcoin Ban ‘Likely’ As Price Suddenly Soars Toward $60,000
Billy Bambrough

Also

ArtNews
The Gray Market: How Deep-Pocketed Crypto-Collectors Are Rushing Into an Old Art-Market Trap (and Other Insights)
Tim Schneider,

1 comment:

Matt Franko said...

Could get some exposure to Bitcoin via her ARKK fund or TSLA directly...