I was reading a book about money over the weekend and the author was discussing the great Peter Lynch who coined the term 2 bagger or a 3 bagger, etc. and how investing is related to baseball. 

But here is the thing, the most you can get in baseball is a grand slam.

These days when I am doing my investing I am looking at ways I can hit the ball so hard that I win the World Series for the next 100 years straight.

That’s how I want to win. 

Win so that I provide for generations of family members. That my great-great-grandchildren will be taken care of.

That’s what I see happening with crypto at the moment, stupid amounts of money to be made, more than any other asset class.

Is it volatile? Yes, without a doubt.

Do I think you should sink your life savings into it? No, no I do not.

But with a small percentage of someone’s portfolio, I believe it is worthwhile to place a few well-educated bets, that when some pay off, will have a stupidly high asymmetric risk/reward.

That when you tell your friends your returns their jaws will hit the floor. 

This is what I was discussing in Tuesday’s email (if you missed it, it’s called how to make a stupid amount of money).

Successful investors all look at the risk to reward ratio. They are not risking a dollar to make five cents. They are looking at how they can risk a dollar and make ten in return.

This is how to acquire massive amounts of wealth in your lifetime, protecting your downside risk and having insane over-the-top upside potential.

Find projects that tick these boxes.

My friend Marco Wutzer, the successful Hedge Fund manager, currently focusses on around 2 dozen of these projects and discusses them in detail in his excellent paid crypto newsletter, if you want to peek over his shoulder you can sign up here 

https://expatmoneyshow.com/serenity

Talk soon,

Mikkel

PS. I myself am a member