Enterprising Investor

Cryptoassets: Complex, Risky, and Exciting


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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. ____   ► Subscribe to the Take 15 channel here https://www.youtube.com/channel/UCA3HUMuK4FSp_CvQH_2Ji7g    ►Transcript: https://cfainst.is/30VPT5n    ►Email us for comments, questions, or appearance requests:[email protected] ____   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 - Ray of sunshine: long-term positive change from the pandemic  - What do you take with you on a long NASA flight? - Flight vs. invisibility      Related articles and links:   Research Foundation Briefs: Cryptoassets: The Guide to Bitcoin, Blockchain, and Cryptocurrency for Investment Professionals    White paper: "The Case for Bitcoin in the Institutional Portfolio”    Download and share Research Foundation content (free to all): https://lnkd.in/emhTTi5    CFA Institute members and charterholders Professional Learning Tracker https://cpd.cfainstitute.org/  ____   Find Lauren here:   LinkedIn: https://www.linkedin.com/in/lauren- foster/    Twitter: https://twitter.com/laurenfosternyc   Find Matt here: LinkedIn: https://www.linkedin.com/in/matthew-hougan Twitter: https://twitter.com/matt_hougan?lang=en    Connect with the Research Foundation:   RF Showcase page: https://lnkd.in/e66zSKD    Download and share RF content (free to all): https://lnkd.in/emhTTi5
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Enterprising InvestorBy CFA Institute

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