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Ben Walther's avatar

Amazing post! Super insightful!

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Peter Marko's avatar

Great content as always. Cyclical assets such as Bitcoin are best measured across the full cycle (4 years in this case). While the annual comparison is interesting, looking at the last 4 years would be much more telling.

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derek's avatar

Excellent reminder about risk adjusted returns, and the differential between 1 vs 4 year.

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