
SLP401 Greg Foss - Sell Bonds, Buy Bitcoin
Stephan Livera Podcast
00:00
Are You Getting a Bit Coin Silo?
Fidelity is a top five global asset manager. They have price targets of over a million dollars on bitcoin. If your one % allocation to bit coin goes up a hundredfold, and you had 99% in other assets, let's assume those other 99 dollars on a hundred dollars, they keep its value. Your entire portfolio now is 50%. Thatis possibility here. And this is why you cannot afford to have zero. Some people hate bit coin. They don't they can't get over it. Peter shiff is that type of individual. I'm afraid that shifty pete has got to learn to change his portfolio allocation when the information changes. The irrationality of it is due
Play episode from 39:13
Transcript


