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Fernando Pertini
@DecodeMarkets
Global macro investor. 30+ years across cycles. PM at DecodeMarkets AMC. I love finding great companies. Even more when the shorts are trapped
加入 April 2014
1.9K 正在关注    18K 粉丝
You’re an institutional PM Your $ETH allocation is ZERO I’d start rehearsing the next investment committee meeting. You saw the Q3 outperformance. Congress stalled on CLARITY. The SEC and CFTC kept moving. Bessent and the White House made the direction clear. Institutions are edging in. Exchange balances are shrinking. And you’re still “monitoring developments” Every micro dip seems to find a buyer. This doesn’t even look like retail FOMO yet…. Now imagine retail deciding the four-year cycle is no longer the playbook… just as institutional committees finally approve an allocation. Everyone discovering conviction. Everyone wanting a fill. That’s when your committee asks: “Remind us why we owned ZERO?” “We were waiting for clarity” Washington moved faster than you. Let that sink in. To me, this feels like the dead calm before the last two leg-ups. Then came the god candle. Zero is a position. Have a better explanation for it. Hope you get your fill. Market won’t wait for your next meeting
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