『The Crypto Math Nobody Shows You + Where 64 Cents of Every Dollar Goes | Complete Guide to Investing Parts 5 & 6』のカバーアート

The Crypto Math Nobody Shows You + Where 64 Cents of Every Dollar Goes | Complete Guide to Investing Parts 5 & 6

The Crypto Math Nobody Shows You + Where 64 Cents of Every Dollar Goes | Complete Guide to Investing Parts 5 & 6

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概要

Bitcoin has had 87%, 84%, and 77% drawdowns. A 5% allocation contributes 27% of your total portfolio risk. In Parts 5 and 6 of the Complete Guide to Investing, I cover the real math on crypto, what the "digital gold" narrative gets wrong, and then move into alternatives where hedge fund investors give up 64 cents of every dollar earned to managers. The advertised fee is 2-and-20. The actual fee is closer to 50%.

Podcast Notes:

  • If you're combining crypto + alternatives into one podcast episode, the natural break point is after the crypto outro ("position size accordingly"). You could do a quick "part two of today's episode" transition.
  • If splitting them, crypto stands alone well at ~9 min and alternatives at ~8-10 min.
  • The 5% allocation = 27% risk stat is the most counterintuitive and clip-worthy moment from crypto.
  • The NBER 64-cents stat is the killer hook for alternatives. Lead the second half with it.
  • For crypto, the Canadian-specific ETF callouts (BTCX.B, ETHX.B for TFSA/estate tax) are high value for your audience and differentiate from US content.
  • Double check if the "$3.4 billion stolen in 2025" figure needs updating since we wrote the script in February.

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