117 - Timeless Wisdom for Crypto Investors | Jim O'Shaughnessy
Bankless
Investment Evolution: Lessons from the 1970s to Crypto
This chapter examines the historical context of investing, particularly during the 1970s, while highlighting the transformation in investment strategies due to evolving technologies and market perceptions. It discusses the impact of investor psychology on decision-making, the significance of narrative in the cryptocurrency market, and the cyclical behaviors observed in speculative periods. By reflecting on past market crazes and the importance of evidence-based investing, the conversation urges listeners to approach investment narratives with caution.
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