Anthony “Pomp” Pompliano Converts 80% of All Assets Into Bitcoin
Morgan Creek Digital co-founder Anthony Pompliano has increased his savings in BTC; now they account for 80% of his assets.
Thx for answering my question on today’s pod @APompliano.— paul andersen (@paul_d_andersen) October 18, 2020
Pomp’s asset allocation:
Real estate / cash / early stage co’s: 20%
That Bitcoin allocation 👀
Respect for putting your money where your mouth is 🔥
Check out the full episode here👇https://t.co/1rFeUovuCk https://t.co/4YOLxRmyyb
The remaining 20% of Pompliano’s assets are allocated across real estate, fiat savings and investments in startups. Yesteryear, Bitcoin only accounted for 50% of his portfolio. Choosing between investing in Tesla and Bitcoin, Anthony Pompliano prefers cryptocurrency.
“Bitcoin has been less volatile than Tesla stock for months,” says Pompliano. “There is also a non-economic argument: if Bitcoin becomes a global reserve currency or gains global acceptance, it will create a much fairer world. I think this is an important aspect.”
Pompliano stresses out that he has no plans to sell Bitcoin, even if its price reaches $100 thousand by the end of 2020.
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