Markets are volatile (and that’s normal)
After last year’s relative calm in equity markets (the max drawdown for the S&P 500 in 2021 was just 6%) volatility has returned. Three weeks into 2022 the S&P 500 is down nearly 8% (and almost 9% below its January high), while the NASDAQ is officially in a correction and down 12% YTD (and off […]
Implications of Adding Bitcoin (Crypto Currencies) to Traditional Portfolios
As Bitcoin (and other crypto currencies) push to new all-time highs we re-examine the characteristics of the asset itself it, as well as its historical impact on a diversified portfolio. For the purposes of this analysis we focused solely on Bitcoin given the (relative) maturity of its institutional markets, the multiple vehicles for investing (direct, […]