Pfeffer exited all fund crypto holdings except Bitcoin due to valuation concerns.
John Pfeffer · John Pfeffer - Crypto for Institutions (Capital Allocators, EP.54) · May 28, 2018 · at 28:43
Investor John Pfeffer discusses his early crypto research and portfolio decisions with Ted Seides.
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“Came to the view that I said, you know what, actually, look, at the time it was, I just don't see how the current values of anything but Bitcoin can be justified, and we got out of everything but Bitcoin, and that enabled us to take our basis plus a return out”
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