
SLP475 Why Every Portfolio Should Contain Bitcoin with Rapha Zagury
Stephan Livera Podcast
00:00
Bitcoin: A Novel Concept
The model assumes that investors are rational, right? And that information is across everybody in the same way. Guess what? Bitcoin is an asset. We have fat tails. So we have very little, we have actually have a lot of returns in the middle. Even though information is out there, it's not distributed equally yet.
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