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5 March 2021 Multimedia

Cryptoassets: Complex, Risky, and Exciting

  1. Matt Hougan

Matt Hougan, chief investment officer at Bitwise Asset Management and co-author of the CFA Institute Research Foundation brief, “Cryptoassets: The Guide to Bitcoin, Blockchain, and Cryptocurrency for Investment Professionals,” discusses valuation, risks, and what watch for on the horizon.

The Take 15 Series is a collection of illuminating, short conversations with noted economists, best-selling authors, leading researchers, and successful practitioners on topics ranging from geopolitics and whistleblowing to irrationality and outlooks.

Episode Transcript (PDF)

Topics discussed:

4:00 - Philosophy to ETFs and the leap into Bitcoin

4:43 - The light-bulb moment 11:45 - Crypto: the next big disruptive area of finance

14:40 - The reason behind why there is more than one cryptoasset?

17:29 - What role, if any, should cryptoassets have in a professionally managed portfolio and individual investors?

20:26 - What should financial advisors be thinking about and should they be caring about crypto? What should they be doing about the clients in crypto?

22:30 - What Matt thinks the biggest misunderstanding about crypto is? What is the actual reality?

24:36 - What do you say to the naysayers on crypto? 26:35 - Matt discusses allegations that the benefits of blockchain are exaggerated

29:11 - Five most widely used cryptoasset valuation techniques

23:19 - What should we watch out for on the horizon?

36:24 - What Matt holds in his crypto portfolio

37:20 - Closing questions

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