Transcript preview
Preview only
Bankless nation. It is all time high week. Bitcoin all time high week on the Bankless Weekly Rollup. Wow. Feeling good going to this episode. David, how much of your liquid net worth is in Bitcoin? And I hope that answers a lot.
I would say my liquid net worth in a top two crypto assets is something like 95%. So pretty concentrated bet. Wow. Wow. You know what?
I would caution you, and I I I would say that's probably a bad idea. But instead, I'm gonna play this clip from legendary investor, Stanley Druckenmiller.
My idea of risk control is a little nonconventional. I like putting all my eggs in one basket and then watching the basket very carefully. I think There
you go, David. Stanley says it's okay. Your strategy is fine. You don't have to be diversified. You just gotta watch those baskets very carefully. You
know, I've never really been a fan of diversification. It's just it's just not exciting. Oh,
man.
I'm a content producer who needs, like, excitement and thrill in his life. And let me tell you, that doesn't come from a diversified basket of, you know, multiple different asset class assets. Like, no. Okay. I was actually wrong. It's not 95%, my net worth because I do have, like, a pretty good amount of hood and coin. And so I have equities that
Oh, yeah. That's exposure. Right?
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.