Tuesday , November 5 2024
Home / Mike Norman Economics / Cathie Wood — On Bitcoin: ‘$1 Trillion Is Nothing Compared To Where This Will Ultimately Be’ Samyuktha Sriram

Cathie Wood — On Bitcoin: ‘$1 Trillion Is Nothing Compared To Where This Will Ultimately Be’ Samyuktha Sriram

Summary:
According to research from ARK based on “a million Monte Carlo simulations,” if institutions want to minimize volatility and maximize their Sharpe ratio, they should put something between two and a half and six and a half percent of Bitcoin in their portfolios, because of its low correlation to any other asset class.What could possibly go wrong?Yahoo Finance — BenzingaCathie Wood On Bitcoin: ' Trillion Is Nothing Compared To Where This Will Ultimately Be'Samyuktha SriramSee alsoMaybe less than zero figuring in mining cost, transaction cost and externalities? Oh, and "prosecution futures."New Economic PerspectivesThe Fair Price of a Bitcoin is ZeroEric TymoigneRelatedSlope of HopeGold is GarbageTim KnightalsoYahoo Finance — WorthBitcoin 101: Could Cryptocurrencies Eventually Replace the

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.

According to research from ARK based on “a million Monte Carlo simulations,” if institutions want to minimize volatility and maximize their Sharpe ratio, they should put something between two and a half and six and a half percent of Bitcoin in their portfolios, because of its low correlation to any other asset class.

What could possibly go wrong?

Yahoo Finance — BenzingaSamyuktha Sriram

See also

Maybe less than zero figuring in mining cost, transaction cost and externalities? Oh, and "prosecution futures."

New Economic Perspectives
The Fair Price of a Bitcoin is Zero
Eric Tymoigne

Related

Slope of Hope
Gold is Garbage
Tim Knight

also

Yahoo Finance — Worth
Bitcoin 101: Could Cryptocurrencies Eventually Replace the Dollar?
Evan J. Mayer

See also

Forbes
Legendary Investor [Ray Dalio] Warns Bitcoin Ban ‘Likely’ As Price Suddenly Soars Toward $60,000
Billy Bambrough

Also

ArtNews
The Gray Market: How Deep-Pocketed Crypto-Collectors Are Rushing Into an Old Art-Market Trap (and Other Insights)
Tim Schneider,
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *