Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Jason Zweig: How To Take A Crazy Risk Without Going Insane: MFO's Sam Lee Takes A Nap

FYI: When the asset that makes up more than two-thirds of his net worth lost almost 25% in a few hours this past week, Samuel Lee did the obvious thing: He took a nap.

Mr. Lee, 31 years old, runs SVRN Asset Management, a small investment-advisory firm in Chicago. In his own portfolio — but not for any of his clients — he holds more than 1,000 units of Ethereum, the cryptocurrency that is one of the most explosively volatile assets in the world right now.
Regards,
Ted
http://jasonzweig.com/how-to-take-a-crazy-risk-without-going-insane/
Sign In or Register to comment.