Greg Foss, Executive Director of Strategic Initiatives at Validus Power Corp, spoke to Lawrence Wintermeyer about the ‘Great Financial Crisis’, rating agencies, and the (relatively) simple maths behind Bitcoin.
On the latter he says, “It’s the best asymmetric risk return opportunity I’ve ever seen in 32 years of trading risk. Can I give you 100% certainty on that? No, but I’ve played probabilities my whole life. And that’s all I want: exposure to these asymmetric trades. Asymmetric trades like these define careers.”
Greg Foss’s paper ‘Why every fixed income investor needs to consider bitcoin as portfolio insurance’ was also discussed. You can read the paper here.