cryptocurrencies
How do you make buy and sell decisions with cryptoassets? The answer remains elusive.
Expect increased crypto adoption in 2024.
Paul Sheard explains what money is and how governments, commercial banks, and central banks create it and influence its creation.
All risk assets face an uncertain macro future. But we can't forget the long-term asymmetric opportunity that digital assets may offer.
The FTX fiasco has more to do with fractional reserve banking than it does with crypto.
“It is difficult not to marvel at the imagination which was implicit in this gargantuan insanity. If there must be madness something may be said for having it on a heroic scale.” -- John Kenneth Galbraith
The crypto market’s recent gyrations necessitate a fresh look at the evolving relationships between crypto and traditional asset classes.
Not all traditional investment management techniques are applicable to digital assets, but sector breakdowns, DCF models, and risk factor modeling are solid starting points.
Eswar S. Prasad provides an interesting and insightful exposition on the shifting landscape from traditional paper notes to digital currencies.
When it comes to hedging equity risk, bitcoin and cryptocurrencies are less "digital gold" and more fool's gold.