Paul Tudor Jones on Wednesday emphasized that the United States is on a long-term trajectory of high budget deficits and constrained fiscal space, and the best investment strategy to withstand this environment centers around a diversified portfolio made up of Bitcoin, gold and equities.
“What would an ideal portfolio be in something like that?” Jones said in an interview with Bloomberg.
“What has worked so far has been some combination of stocks… probably gold. Vol[atility] adjusted Bitcoin gold stocks. That’s probably your best portfolio to fight inflation vol[atility] adjusted.”
Jones explained that the allocation should reflect each asset’s risk profile, particularly Bitcoin’s volatility.
“The vol[atility] of Bitcoin is obviously five times that of gold,” he said, adding that the construction of the portfolio must take that into account.
The comments were made in the context of a broader discussion about the U.S. fiscal outlook, where Jones argued that continued deficit spending, normalized under successive administrations, makes it highly likely that future policymakers will …
Full story available on Benzinga.com
Paul Tudor Jones on Wednesday emphasized that the United States is on a long-term trajectory of high budget deficits and constrained fiscal space, and the best investment strategy to withstand this environment centers around a diversified portfolio made up of Bitcoin, gold and equities.
“What would an ideal portfolio be in something like that?” Jones said in an interview with Bloomberg.
“What has worked so far has been some combination of stocks… probably gold. Vol[atility] adjusted Bitcoin gold stocks. That’s probably your best portfolio to fight inflation vol[atility] adjusted.”
Jones explained that the allocation should reflect each asset’s risk profile, particularly Bitcoin’s volatility.
“The vol[atility] of Bitcoin is obviously five times that of gold,” he said, adding that the construction of the portfolio must take that into account.
The comments were made in the context of a broader discussion about the U.S. fiscal outlook, where Jones argued that continued deficit spending, normalized under successive administrations, makes it highly likely that future policymakers will …
Full story available on Benzinga.com
Paul Tudor Jones on Wednesday emphasized that the United States is on a long-term trajectory of high budget deficits and constrained fiscal space, and the best investment strategy to withstand this environment centers around a diversified portfolio made up of Bitcoin, gold and equities.
“What would an ideal portfolio be in something like that?” Jones said in an interview with Bloomberg.
“What has worked so far has been some combination of stocks… probably gold. Vol[atility] adjusted Bitcoin gold stocks. That’s probably your best portfolio to fight inflation vol[atility] adjusted.”
Jones explained that the allocation should reflect each asset’s risk profile, particularly Bitcoin’s volatility.
“The vol[atility] of Bitcoin is obviously five times that of gold,” he said, adding that the construction of the portfolio must take that into account.
The comments were made in the context of a broader discussion about the U.S. fiscal outlook, where Jones argued that continued deficit spending, normalized under successive administrations, makes it highly likely that future policymakers will …Full story available on Benzinga.com Read More$BTC, Cryptocurrency, Expert Ideas, News, Paul Tudor Jones, Top Stories, $BTC, News, Cryptocurrency, Top Stories, Benzinga News
