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Former Hedge Fund Manager Sells All Gold And Scale In BTC & ETH At An 80/20 Ratio

Mary Liu

Summary: Raoul Pal, a 36-year-old retired former hedge fund manager and co-founder of Real Vision, revealed in a tweet that he has a sell order today that will sell all his gold positions and buy BTC and ETH (80/20). Pal said he has no other investments except for some bond calls and US dollars. As to ...

Raoul Pal, a 36-year-old retired former hedge fund manager and co-founder of Real Vision, revealed in a tweet that he has a sell order today that will sell all his gold positions and buy BTC and ETH (80/20). Pal said he has no other investments except for some bond calls and US dollars. As to the 80/20 investment ratio, Pal said his “hunch” believes that Ethereum may surpass Bitcoin by five times, but Bitcoin is easier to understand and mainstream adoption is more widespread.

By Mary Liu

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