23min chapter

The Wolf Of All Streets cover image

Bitcoin Breaks $1 Trillion Market Cap | Altcoins Surge | Mark Yusko

The Wolf Of All Streets

CHAPTER

Bitcoin as a Diversifying Asset and Hedge Against Traditional Assets

The chapter discusses the benefits of diversifying one's portfolio with Bitcoin and its role as a hedge against traditional assets. It emphasizes the correlation between Bitcoin, bonds, and stocks and highlights the increase in sharp ratio with the addition of crypto. The chapter also compares the volatility of Amazon's stock to Bitcoin and highlights the long-term drawdowns in Amazon's history.

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