4min chapter

Superinvestors and the Art of Worldly Wisdom cover image

#40: Grant Williams On Focusing On What's Important

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Fears I Have About Bitcoin

I thought it was fascinating on both sides. I didn't get my fears elated. But then in many ways, I didn't really expect it to because the fears I have are around what could be done from a regulatory standpoint. It's too volatile. And prices become the single arbiter of whether you're right and wrong on it. When we have these sharp drawdowns and the 20% falls like we saw a couple of weeks ago, it's going to zero. As a speculative asset, I've not seen anything like it in my career. So for the people who are in there speculating with it, you know, I hope this thing goes to 100,000 and I

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