Category: Investment

Book Review: The Nihilism, Constraints and Multipolar vision for Geopolitical Alpha

October 20, 2020

Excellent book where Marko Papic outlines his geopolitical investment framework. An educational and enjoyable read with plenty of examples. Three elements that really struck me; nihilism, constraints and the multipolar vision. Nietzschean Nihilism Marko is a powerfully nihilistic analyst. It makes his research incisive, differentiated, entertaining and valuable. Something to strive towards as an analyst. … More Book Review: The Nihilism, Constraints and Multipolar vision for Geopolitical Alpha

Dispelling bitcoin risk-asset fears

September 28, 2020

Bitcoin has developed a strong correlation with “risk assets” in 2020. A stronger correlation between bitcoin and global equity markets is an understandable concern for those who consider bitcoin an independent store of value. In this article, I dispel these risk-asset fears. TLDR: the drivers of equity and stores of value can temporarily overlap, but … More Dispelling bitcoin risk-asset fears

Crypto Banking: Yield, Opportunity and Risks

September 23, 2020

TLDR: Emergent crypto banks offer an attractive opportunity, which highlights the innovative potential of crypto vs. ridiculously low rates and high fees in traditional banking. Obviously, crypto yields don’t come without their risks. One could even argue that centralised finance is completely against the ethos of bitcoin. KYC, custody, credit risk and ethical concerns must … More Crypto Banking: Yield, Opportunity and Risks

Bitcoin is a no-Brainer Allocation | Get off zero!

September 18, 2020

I’m often asked, “how much crypto should I hold?” Difficult question to answer. It depends on your conviction in the asset class. One thing is clear in my mind, if you have any interest in managing your personal finances and aren’t living pay-check to pay-check, your allocation should be greater than 1%. In this article … More Bitcoin is a no-Brainer Allocation | Get off zero!

Bitcoin Bulletin: Arbitrage opportunity on ZAR-USD bitcoin spread

August 27, 2020

This is a research piece on the bitcoin arbitrage opportunity between South African exchanges and global exchanges. It’s not relevant for non-South African readers. Concept Bitcoin (BTC) is purchased through BTCZAR markets in South Africa, which is different to BTCUSD markets globally. When converting the BTCZAR price into USD, we tend to see a spread … More Bitcoin Bulletin: Arbitrage opportunity on ZAR-USD bitcoin spread

Bitcoin Bulletin: accumulation phase intact

August 14, 2020

The recent gold all-time highs supports the store of value theme, which further increases my confidence for bitcoin’s price prospects over the coming quarters. Technical analysis suggests that the price rise above $10,000 is an important development for bitcoin, but the price remains well below all-time highs, which would be the final confirmation of the … More Bitcoin Bulletin: accumulation phase intact

Sound Money Monthly: (ed. 1) Debt constrains our future prospects

August 7, 2020

Have you ever wondered why economic conditions are challenging for the man on the street, despite easy access to credit for cars, homes and shopping? In this first edition of the Sound Money Monthly we cover the most important macroeconomic trend, debt. (16 minute read) TLDR: Economic opportunities for the masses and social mobility are declining, … More Sound Money Monthly: (ed. 1) Debt constrains our future prospects

SM (ed. 1) Debt constrains our future

August 7, 2020

Have you ever wondered why economic conditions are challenging, despite easy access to credit for cars, homes and shopping? In this edition of the Sound Money Monthly we cover one the most important macroeconomic trends, debt. (16 minute read) TLDR: Economic growth, job quality and social mobility are declining. Yet the policy response is the cause … More SM (ed. 1) Debt constrains our future