“Paradise! Mr. Yale University! ”
– Thurston Howell III, Gilligan’s Island
Besides what Harvard’s Thurston Howell man thinks of Yale University’s executives – especially those who run a 30 billion donation fund – they’re not stupid.
This fund is Yale’s largest source of income. This year, it is expected to account for 34% of the university’s net income. And according to their 2019 budget, almost 60% of its assets will be channeled into alternative investments such as venture capital, hedge funds and debt.
One such asset is digital currencies.
According to Bloomberg News, Yale will invest a large portion of its $ 30 billion endowment fund in a new cryptocurrency fund that invests in “early-stage” crypt-based projects, new blockchains and digital asset trading platforms.
They are one of the few large institutions that invest in cryptocurrencies. But Yale does much more than just dip his toes in crypto assets. They have previously invested $ 300 million in a cryptographic fund managed by Andreessen Horowitz.
There is no question that Yale’s bigger heads believe that cryptocurrencies can make good money.
At the same time, Wall Street is rushing to make it easier to invest in cryptocurrencies.
TD Ameritrade (AMTD) and fast trading giant Virtu Financial are developing the cryptocurrency trading platform ErisX, which creates cryptocurrency derivatives that can be purchased with your regular brokerage account.
JB Mackenzie – TD of Ammeritrade said: “We wanted to find something that brings cryptocurrencies to customers where they can see it on a real trading platform, something that makes them feel comfortable in this regulated airspace.”
Early next year, they plan to release direct trading in Bitcoin, Ethereum, Bitcoin Cash and Litecoin. GME Group Inc. and the Chicago Board Options Exhange announced Bitcoin futures at the end of last year. And this new TD Ameritrade-based trading platform also offers digital coin futures and spot trading.
TD Ameritrade has 11 million customers with assets worth more than 1 trillion. So we’re talking about a large number of potential crypto investors, along with a bunch of dollars to invest.
Even if you are not directly in favor of investing in cryptocurrencies, there are dozens and dozens of publicly traded stocks that have made the blockchain (the encrypted technology on which all cryptocurrencies are based) an important – if not the most important – part of its future business plan.
And those stocks based on cryptocurrencies are not high-risk, garage-type start-ups that would most likely lose money.
Some of the world’s largest and most popular high-exchange companies are spending large amounts of dollars to integrate the capabilities of the blockchain business. Such changes are great investment opportunities.
What kind of companies am I talking about? Here are four (hundreds) examples…
This does not mean that you should rush to buy the shares mentioned above. I think these four are successful, but I have identified a small number of publicly traded stocks that I believe yield 200%, 400%, 600% and more.
Join Dr. Martin Weiss and with me tomorrow – Tuesday, October 16 at 2 pm Eastern (19:00 ET) – to see how we choose the shares to buy with our retirement pillar.
You can join – by clicking this link.
Best wishes,
Tony Sagami
Translated from English by Rando Visnapuu
Article – Weiss Ratings
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