Stansberry Research, Released on 5/18/23
Bitcoin (BTC) and cryptocurrencies in general are notorious for being volatile… Sometimes very volatile. But the world’s largest crypto has been trading in an uncharacteristically narrow range for months now. And if history is any indication, it means a big move may be on the horizon. So on this episode of Making Money With Matt McCall, Matt welcomes back Mark Yusko, a leading voice in cryptos who helps dissect the recent trading. They also discuss the current banking issues… the Federal Reserve… and interest rates. And they swap some real-life stories to impart some wisdom to viewers. Mistakes happen in life. But you should never be afraid to recognize failure… and learn from it. Don’t wait to tune in.
00:00 ‘Health is Wealth’
8:57 Recognize, Admit, Learn & Forget
10:50 Performance of Bitcoin YTD
13:17 Latest in Banking Crisis
16:06 Historical Examples of Bank Runs
19:09 Long-Term Implications for Crypto
25:14 The ‘Three Buckets’ to Successful Investing
28:50 Why Were Still in the Early Stages of Digital Assets
Mark Yusko is the Founder, CEO and Chief Investment Officer of Morgan Creek Capital Management. He is also the Managing Partner of Morgan Creek Digital Assets. Morgan Creek Capital Management was founded in 2004 and currently manages close to $2 billion in discretionary and non-discretionary assets. Prior to founding Morgan Creek, Mr. Yusko was CIO and Founder of UNC Management Company (UNCMC), the Endowment investment office for the University of North Carolina at Chapel Hill. Before that, he was Senior Investment Director for the University of Notre Dame Investment Office.