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VIVEK HAS ENTERED THE CHAT
The asset management firm of @VivekGRamaswamy is launching an ETF for ownership of the convertible and fixed coupon bonds issued by LBEs like MSTR, SMLR, KULR, MARA, RIOT and more. https://t.co/r71A7rzkvW
Explaining why crypto has low correlation with risk assets and predicting its future as a major institutional asset class.
TRANSCRIPT
Yeah, so I actually strongly believe that Bitcoin and other blockchain assets are going to generally have a very low correlation with risk assets.
The reason is smart money doesn't own it.
And the reason all these other weird asset classes that intrinsically have nothing in common or highly correlated is modern portfolio theory was so successful
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