
Mark Yusko: Macro "Doesn't Matter" For Crypto (Permissionless Interview)
Forward Guidance
Exploring Different Types of Risks and Investment Strategies
This chapter explores the concept of earning a return and discusses the various types of risks involved, including credit risk, equity risk, illiquidity risk, and leverage or structure. The benefits of investing in private assets and innovation are highlighted, while also cautioning against the pitfalls of overconfidence in investments, with examples such as overvalued stocks like Peloton and Zoom.
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