As big moves in both Bitcoin and equities lead investors to question whether market bubbles are about to burst, macro investor Raoul Pal says he’s looking at things from a different angle. “Our own perceptions can become our investment biases as well, where ‘I don’t like crypto, therefore it’s a bubble,’ or ‘I don’t like US equities because they’re very expensive right now. They’re a bubble.’ But mostly, these things are shades of grey and many reflexive trades that many identify as bubbles can go on a lot longer than many of us can imagine or maybe we’re at secular shifts. Those things happen too.”
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Are Bitcoin and Stocks in a Bubble? Raoul Pal Thinks That’s The Wrong Question | Crypto News | BTC
Raoul Pal leads Real Vision to provide unparalleled access to the very best insights and analysis from the brightest financial minds. He prides himself on being a Business Cycle Economist, Investment Strategist, and Economic Historian.
0:00- Identifying the bubbles
3:18- Modern Monetary Theory
4:03- Crypto Bet
5:54- Bubbles in History
#RaoulPal #BTC #Bitcoin #Crypto #FinancialEducation #WealthyValue
Full interview (Credits): Raoul Pal: Is Everything a Bubble? Why That’s the Wrong Question
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