Ari Paul, CIO of BlockTower: The Current State of Crypto
The Pomp Podcast
00:00
Is the Endowment Herd a Herd?
It's still up 400 % in the last two years, right? It did have a big drawdown in two thousand 18, recorded this end of november, wo thousand 18. Why is that not good enough success data point? Is it? Because the institutions weren't actually in they can't say, we evaluate the situation, we made the decision, and here's are specific returns, verses like back testing. Yes. Soits not i don't like this because i think it leads to poor results on behalf of endowments. And this is true of basely all. Most investment decision making is bureaucratic to some degree. A you rarely have just an individual controlling billions of
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