Investing in Speculative Assets

Dan Cevallos: I like a large percentage of the portfolio to pay you to own it, because it really hedges out a lot of your downside. So let's just say that you got these wildly volatile speculations, right? Well, if they go down by 50 %, you have so much cash flow coming am from the rest of your port floe to offset that position. You're not doing things emotionally, yes, you're not being reactionary. Yes, you're being very prudent and disciplined. And that's a huge edge, ye.