Mark Yusko, CEO of Morgan Creek, on Why Bitcoin is Truly a Hedge, Cronyism Vs. Capitalism, and Why Let Big Companies Fail
Mark Yusko, CEO of Morgan Creek and Scott Melker discussed a multitude of topics in this whirlwind podcast. They talked about why Bitcoin is the only legitimately uncorrelated asset in the world and the only true free market, why the government should let "zombie companies fail," why Boeing should be shut down, the difference between Cronyism and Capitalism, the problem with stock buy backs, the culpability of the US government in the present economic situation, why stocks are more manipulated than Bitcoin, why Putin is the richest man in the world, and how retail should invest and why they fail.
As Mark said, "Human beings do two things really, really well - we buy what we wish we would have bought and sell what we are about to need."
They also howled together at the end...
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