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These investments were comparable to money market funds. There’s no way passive cash is viable at those returns. If Commercial Real Estate is paying 8.5% and s
by prepend 3y ago
These investments were comparable to money market funds. There’s no way passive cash is viable at those returns.
If Commercial Real Estate is paying 8.5% and someone starts offering “Crypto Commercial Real Estate” as a competing product for those same fundamentals but offers 400% return, would you still be unable to assess its viability?
- TuringNYC 3y ago>> These investments were comparable to money market funds. There’s no way passive cash is viable at those returns. Totally agree. But why would you compare crypto high yield accounts to MM funds, rather than, say, CLOs or CLO funds, or structured notes (https://pprcapitalmgmt.com/invest-in-a-real-estate-fund/ https://pprcapitalmgmt.com/invest-in-a-real-estate-fund/) or factored receiveables funds