Raoul Pal who is a former Goldman Sachs executive, has recently shared his crypto investment portfolio. He has invested about 70% of his assets into Ethereum and only 5% into Bitcoin, and when asked what could be the reason for this diversity, he provided with a very strong one. He has also talked about the global economic slowdown and some of the actions that he is taking to prepare for it. He generally bases all of it on a recent crypto investment technique that he has been using.
Pal has worked ecstatically through his career developing businesses and companies through and through; one such example is the development of global macro investor, which was an investment strategy research service in 2005. He has also worked with GLG global macro fund originating from London, regarding the post of global asset manager.
Part of his experience is also coined at Goldman Sachs, where he used to manage the European head fund sales and equity derivatives. He is currently the CEO of Real Vision, which is a finance and business video channel which was also cofounded by him in 2014.
Raoul Pal Largely Invests In Ethereum
When asked about his out-of-the-ordinary crypto portfolio, he said that he has nothing against Bitcoin, but it is a strategic factor to allocate as little as 5% into Bitcoin and 70% into Ethereum for him. He said that he is a financial markets person, and when it comes to investment, they use risk curves. According to Pal, during certain circles in the middle of a bull market, the investors should be seeking as much risk as they can and from there should take it to the more speculative end of the market.
So at the end of the day, he is just playing his regular market game with hopes that when the market is flourishing, an investor can take on more risk in the form of investing in volatile cryptocurrencies, and when the market is in a downtrend, the same investor is going to chip all of his assets to make some resounding money.