ML194: Raoul Pal on Russia-Ukraine, Investing in Uncertain Times & The Tokenisation of Culture
MetaLearn Podcast
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Cryptocurrency - What's the Next Accelerator?
In a pedential asset, much like amazon stock, which is x and facebook stock, you start early stage of adoption with high volatility. So to understand all this, you just need to put up log s of everything. And everything looks normal than same as it does for google, facebook, amazon, apple, testler. They're all the same. Even though you don't know what the network effect of tessler is, there is network effects that's built into that stock. Now we are down 50 %, two standard deviations ar over sold, versus that log mi trend, which is normaly where the market turns around. So that's telling you should be leaning forward
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