Is There Really a Crypto ETF?

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A lot of people say, this time's different, because we have this new technology, and this is guaranteed to change the world. But for every amazon, there was s, if not thousands, of companies that went bust. And even if they think certain ones to day are amazing or the best, you can't necessarily know whatte ies will be at the end of that journey. When i look at what's happening in crypto, i think there is bubble ish sentiment and bubblish activity that's happening.

At a time where several asset classes are at all-time highs, there's a lot of talk about whether we're in a bubble. That, coupled with crypto assets falling to ~half of their highs, prompted Cal and Steph to dive in to try to answer this question.

In this episode, they discuss the markings of past bubbles, the innovation hype cycle, the difficulty in profiting from nascent innovations, the importance of educating yourself and building your own conviction behind your decisions, managing your psychology (offense vs defense), the cyclical nature of market cycles, and of course... the burning question of whether they think we're in a bubble today.

They also share how they've fared in crypto and how they're thinking about investing moving forward (including Cal's foray into de-fi)

Recommended resources include the books "The Simple Path to Wealth" and "A Random Walk Down Wallstreet", as well as economic indicators like the Shiller PE ratio: https://www.multpl.com/shiller-pe

*** NOT FINANCIAL ADVICE *** :)