AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Future of Bonds
The Ontario Teachers Pension Plan is one of Canada's largest pension plans. It was determined that they should own 25% of their portfolio in Bitcoin to be a proper portfolio hedge against all of their other assets. But here's the craziest thing: Can you imagine if any portfolio owned 25% of Bitcoin? It's coming, it's not a light switch. I'm a bond realist. Bonds will always exist in a fiat system.