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
Raoul Pal is the CEO of Real Vision, a cutting edge financial media company and also runs his own macro research business, Global Macro Investor. In this episode we discuss: - Raoul's 3 scenarios for how the war between Russia & Ukraine plays out - The outlook for different asset classes including stock & bonds, commodities & crypto - Why the tokenisation of culture through communities like Bored Ape Yacht Club are so significant We also talk about the practical implications of potential social unrest and how people should be thinking about their life choices in that context as well as Raoul's philosophy of living in the future.