#252: Mark Yusko on How we got to QE Infinity from the Fed
The Pomp Podcast
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How Much Money Do You Have in Gold?
If you have a long time horizon, i can guarantee everybody, no volatility. Buy tea bills. You have no volatility, and you'll have a crappy investment performance for the rest of your life. Bcause infilation ill chew up all your returns. So you want to seek volatility in assets that are uncorrelated to other assets to your portfolio. And the beautiful thing bonds are 30 % correlated to stocks. They're not zero, they're not negative. Bit coin is 15 % correlated. Over the long term, it's point one five correlated. The return stream from bit coin comes from other things beyond g d p growth, profits, growth and interust rates. That's where
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