Cryptocurrencies

Is there a case for the long-term survival?

As a CFA Charterholder and a product of the “old school” of fundamental investing, it has been a difficult journey for me to finally accept the notion of digital currency with no backing (credit or otherwise) or a physical coin or bill. Is it therefore actually a “currency”? Unclear. CFA Institute calls these “Cryptoassets”. In any case, when the concept was first introduced to me over five years ago, my first thought was “the U.S. government may not view this favorably”. So, I started my research by finding out if there was any official coverage from the U.S. government on cryptocurrencies. In fact, there is. The Federal Trade Commission has some basic information for a baseline understanding of what we mean by Cryptocurrency 1. The following summarizes some of the key points from the FTC.

Published Works

Over the past twenty years, Michael has written five books on behavioral finance and emotional investing to help clients make better investment decisions and reach their goals. His latest work below on the left is designed to help individuals recognize and better manage their behavioral investing biases in any stage of life or market environment.

Available on Amazon
Available on Amazon
Available on Amazon
Available on Amazon
Available on Amazon