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117 - Timeless Wisdom for Crypto Investors | Jim O'Shaughnessy
Bankless
Is There a Narrative That Follows Price?
Every era has an idea, right? That becomes dominant as well. The evidence suggests that narrative follows price, not the other way around. If you don't understand that there weren't probably a dozen employees of some of the biggest hedge funds in there under assumed names, you'd need to maybe splash some water in your face. Do some home work. Say, ok, this story seems to be here. Now that i know what that old guy that they had on their prodcast said, i'm gong to look into whose benefits and who doesn't. When you do that, you might become a bit disillusioned.
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