A lot of info in there to summarize, but it's an extremely bullish presentation by Thomas Lee, Wall Street strategist (JP Morgan) with over 25 years of experience in equity research, and has been top ranked by Institutional Investor every year since 1998. Thoughts?
>store of value market $280 trillion, if BTC captures 1% of market price will be $150,000
>crypto correlation to other asset classes low and falling
>millennials average age is 26, still early and approaching prime income years, don't trust banks and like growth stocks, and they aren't buying gold or equities
stupid fucking brainlets, I don't even need to watch the video to know he means allocating a small percentage of your portfolio when he says this, like 1-5%
Unlike you turbo autismos who put 100% of your portfolio into this shit show. But the guy in the video is right because crypto is still an uncorrelated asset with almost everything else, so a small hedge in crypto should reduce volatility.
If part of your portfolio is not correlated to the rest of your portfolio, the whole portfolio is less volatile
Walks into your house starts sharting all over your investments. Spews diarrhea all over your coffee table. Slaps your wife on the ass chuckles tell you about default swamps. Ask's why you are so poor asks his security to beat the shit out of you. Leaves.