Gavin Baker, managing partner and CIO of Atreides Management, a $4.5bn crossover firm based in Massachusetts, recommends investors hold Coinbase, a platform for investing in cryptocurrency.
Two simple conditions are needed for the platform to succed, he argues: that the fiat world persists for at least several decades, and that cryptocurrencies are “real – here to stay”.
“If these two conditions are met Coinbase is likely to be a successful investment,” he says.
The programmable nature of cryptocurrency “lets a company like Coinbase generate a wide variety of insularity revenue streams and these ops are simply not present with brokers that focus on fiat currency,” Baker says.
“We believe the subscription and services revenue line – which has already bagged $US600m dollars, going over 12 hundred per cent year on year – those are annualised numbers – will be over 50 per cent of revenue within several years.”
This article was originally posted by The Australian here.
Licensed by Copyright Agency. You must not copy this work without permission.
Eleanor Swanson of Firetrail Investments sat down with Equity Mates Media ahead of this year's conference. Eleanor shares the story of her first investment, breaks down the small cap landscape and shares some of the best companies that she's come across during her time in the markets.
.jpg)
Yen Liow of Aravt Global sat down with Equity Mates Media ahead of this year's conference. Yen shares the story of his first investment, Aravt's investment philosophy, his thoughts on the future of the payments industry and why he's excited to be a part of the Hearts & Minds family.
Hearts and Minds Investments Limited (ASX:HM1)'s Chief Investment Officer Rory Lucas and founding Hearts & Minds supporter Phil King of Regal Funds Management recently spoke with the hosts of You're In Good Company, an Equity Mates Media podcast. They discuss all things Hearts & Minds including the upcoming Conference, HM1 and what's involved as a Core and Conference Fund Manager. Phil also shares why he's proud to be part of the Hearts & Minds family, Regal's investment approach and explains what Alternative and Short investing is.
Warren Buffett’s right-hand man Charlie Munger is the headline act at Sohn Hearts and Minds this year and the 97-year-old investment legend is expected to offer forthright views on global financial markets which are now at a critical juncture.
.jpg)
.png)
