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Cryptocurrency index fund follows Warren Buffett's playbook, but with a $1 million bet against the S&P

From cnbc.com

Anthony Pompliano, co-founder and partner at Morgan Creek Digital, said whoever takes the other side will likely be someone with the same outlook as Buffett. It'll be either someone who is bullish on the S&P 500, or someone who thinks cryptocurrencies are worthless or overvalued. "This is a combination of our outlook not only for the upside of cryptocurrencies but also the outlook on public equities," Pompliano told CNBC in a phone interview. " A lot of people might look at this and just think we're bullish on crypto — but you need to look at what asset we're going up against. Public equities aren't exactly at ... (full story)

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