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#1075 Dwarkesh Patel On Why The Future Will Be Wild

The Pomp Podcast

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Is Biquin a Non Correlation Asset?

Biquin hasn't been any different than other assets, right? In some way, when you have market intervention, like we have especiall i the last two, two and a half years, all asset correlations start to trend towards one. So if people dollars, a dollar strengthens, wher all these other assets are priced in dollars, everything goes down. But so do a lot of assets, because what's happened is we have a manipulated market; sophisticated investors treat all of the assets in a similar fashion. The problem is that there is no asset right now, right in these situations like basically what we're watching.

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