In this episode of Navigating Bitcoin’s Noise, I am joined by David Foley, partner at Equity Management Associates. David shares what he learned in his career on Wall Street working with collateralized debt, leverage, and securitized product structures. We covered the similarities between the 2007 CDO collapse and the leverage unwind during the recent crypto crash. David articulates the value sound money assets hold and why it’s important to invest with an understanding of the probability of future outcomes in mind.
If you’re looking to better understand bitcoin’s past and its future potential as an economic network, then join us and listen in.
Kane McGukin
Twitter: https://twitter.com/kanemcgukin
kanemcgukin.substack.com
David Foley
Twitter: @DAAF17
https://www.ema2.com/
EP32 (Part 2) David Foley of EMA on Leverage