“I used to tell people, get off zero… take five dollars and buy some Bitcoin… you're going to pay attention.”
The Pomp Podcast · Bitcoin Is Just Getting Started, Says Billion Dollar Investor | Moez Kassam
Play from 8:31
8:31
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What was described
Tell people to buy a small amount of Bitcoin (e.g., $5) to get it on their portfolio screen and increase attention
$5
Said nearby on the same subject
“If I buy, let's say, a small amount of a beaten-up copper mine, it might be 1% of the portfolio… it falls 30%. It's now 70 bps of the portfolio… another counselor can come and buy those shares.”
DD
Django Davidson Hosking Partners
The Master Investor Podcast with Wilfred Frost ·
Why it worked1% initial allocation; price fell 30% making it 70 bps of the portfoli…Share this moment
“Call the small business person, have them recommend some people… tell them you spoke to the small business person.”