Shark Tank star and billionaire investor Kevin O’Leary is sharing his latest crypto investment strategy in the wake of volatility affecting most asset classes.
In a new interview with the Bankless podcast, O’Leary explains how he abides by the general rules of portfolio theory when allocating capital for cryptocurrency investments.
“I’ve been layering in now for 36 months. I started at 2.5%, went to 7%, then we went past 15%.
In portfolio theory, if you’re running a mandate such as a sovereign fund, let me give you the rules by which those big boys play. I’m using the same philosophy for crypto.
We have 11 sectors in the S&P 500. Portfolio theory would tell you, never more than 20% in any one sector, never more than 5% in any one stock or bond. That’s diversification and that’s basically how 99% of sovereign wealth is managed by indexers like me and many others are like me.
I’ve done the same thing in crypto.”
The venture capitalist next lays out how he structures his crypto...
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