Currencies
topic on 2 shows · 4 statements across 4 episodes
Capital Allocators 
Top Founders
4 statements about Currencies, every show
CPPIB Largely Avoids Currency Hedging by Treating Foreign Exchange as Diversifiers
“And we have largely not hedged our currencies. We view them as diversifying assets. So while others might be more active in hedging, we haven't been as active. We still believe it's a diversifier.”
Credit Volatility Is Half of Equities; Currency Volatility Is One-Third
“We think of it, equities, vol is the highest, and then credit is about half of that, and the currency is about a third of equity vol, generally speaking.”
Forman: Tokens represent the fifth global asset class
“Tokens are really interesting because they're very much a new asset class. They're the fifth asset class in the world. Pre-tokens, there were equities, fixed income, currencies, and commodities, and really every asset could be put into one of those four catego…”
Pysh: Currencies fail once central banks push interest rates to zero
“We break the peg, and then for them to, in order to keep this system afloat, they systematically kept dropping interest rates until they got to zero percent, which is where we are today. So when you look at that 10 year yield chart over this 80 year period of …”