“If you think governments will destroy the value of fiat currencies, buy gold. Why would you buy bitcoin?”
John Looby's new book is "In Search of Returns: Making Sense of Financial Markets". Its an investors field guide, aimed at showing ordinary people how to take part in the financial markets. In this conversation with Sean Keyes, John discusses the most common investing mistakes, the payoff for getting it right, how his views have changed lately, and the route to 10 per cent returns. It concludes with a "spirited" discussion of the merits of cryptocurrencies.
