4 ms·
You can take the crypto out of the above statement and it's still true - yet I know plenty of funds that speculate on currencies.
by hrrsn 9y ago
You can take the crypto out of the above statement and it's still true - yet I know plenty of funds that speculate on currencies.
- amscanne 9y agoYou know pension funds that spend a material portion of their holdings speculating on currencies? I’m skeptical. Currency trading is zero sum and highly risky. Pension funds may keep small amount as a hedge, but to actively speculate on currencies seems like a breach of fiduciary duty.