Peter Mantas of Logos LP, ⁠https://www.logoslp.com/⁠, stops by The Business Brew for an update. The previous episode discussed the potential of the life sciences industry. Since then uniQure released potentially groundbreaking results. Hence, Peter came back for an update.

Shoutout to the ClearPoint group chat!

For more information on how Peter invests, please see ⁠https://podcasts.apple.com/us/podcast/peter-mantas-logos-lp-portfolio-construction-biotechs/id1492171651?i=1000537962817⁠ on Apple or ⁠https://open.spotify.com/episode/6r003LhN4REFSxYxogPWXH?si=7ApTcSdmRzepl5oW44friw⁠ on Spotify.

Sponsorship Information

Thank you to ⁠⁠Fiscal.ai⁠⁠ for sponsoring the show.

DISCOUNT INFO: If you use the affiliate link ⁠⁠⁠fiscal.ai/brew⁠⁠⁠, you will automatically get 2 weeks of Fiscal Pro for Free and if you find that you want to upgrade, my link will get you 15% off any paid plans. About ⁠⁠Fiscal.ai⁠⁠

⁠⁠Fiscal.ai⁠⁠ is the complete modern data terminal for global equities.

The ⁠⁠Fiscal.ai⁠⁠ platform combines a powerful user experience with all the financial data capabilities that professional investors need.

Users get up to 20 years of historical financials for all stocks globally that they can easily chart, compare, or export into their own models.

And unlike legacy data terminals where it can take hours or even days, ⁠⁠Fiscal.ai⁠⁠’s data is updated within minutes of earnings reports.

⁠⁠Fiscal.ai⁠⁠ also tracks all the company-specific Segment & KPI data so you don’t have to.

• Like to track Amazon’s Cloud Revenue? They’ve got it.

• How about Spotify’s premium subscribers?

• Or Google’s quarterly paid clicks?

They’ve got all of it.

Maja Vujinovic stops by The Business Brew for a crypto discussion. Maja is CEO of FGNX, a D.A.T. The meat of this conversation is about Maja's experience in payments and how that led her to crypto. Maja then discusses Bitcoin and Ethereum's role in the modern financial system.

Sponsorship Information

Thank you to ⁠⁠Fiscal.ai⁠⁠ for sponsoring the show.

DISCOUNT INFO: If you use the affiliate link ⁠⁠⁠fiscal.ai/brew⁠⁠⁠, you will automatically get 2 weeks of Fiscal Pro for Free and if you find that you want to upgrade, my link will get you 15% off any paid plans. About ⁠⁠Fiscal.ai⁠⁠

⁠⁠Fiscal.ai⁠⁠ is the complete modern data terminal for global equities.

The ⁠⁠Fiscal.ai⁠⁠ platform combines a powerful user experience with all the financial data capabilities that professional investors need.

Users get up to 20 years of historical financials for all stocks globally that they can easily chart, compare, or export into their own models.

And unlike legacy data terminals where it can take hours or even days, ⁠⁠Fiscal.ai⁠⁠’s data is updated within minutes of earnings reports.

⁠⁠Fiscal.ai⁠⁠ also tracks all the company-specific Segment & KPI data so you don’t have to.

• Like to track Amazon’s Cloud Revenue? They’ve got it.

• How about Spotify’s premium subscribers?

• Or Google’s quarterly paid clicks?

They’ve got all of it.

Takeaways

Maja Vujinovic has been in the crypto space since 2010.

Mobile payments are crucial for developing markets.

Bitcoin's peer-to-peer nature addresses remittance issues.

Traditional banks often overlook developing markets.

Ethereum serves as a financial layer, while Bitcoin is a reserve asset.

Stablecoins are essential for programmable finance.

Tokenization can unlock liquidity in illiquid assets.

Government regulation is crucial for crypto's future.

The cultural mindset in large corporations can hinder innovation.

Tokenization can expand market access and reduce operational costs. Maja believes Bitcoin is being brought mainstream by companies like MicroStrategy.

Treasury companies can provide exposure to crypto assets without direct ownership.

Family offices are increasingly interested in holding crypto through equity in companies.

Ethereum is seen as a bridge for traditional finance to enter the crypto space.

The future of finance is digital, with a focus on AI and crypto integration.

Scale in the crypto ecosystem allows for greater influence and capital attraction.

Vujinovic emphasizes the importance of community in the success of cryptocurrencies.

The younger generation is moving away from traditional assets like treasuries.

AI and crypto are expected to evolve together, creating new opportunities.

Shitcoins have a place in the market, driven by community engagement.

This week, Dan Rasmussen - founder of Verdad Advisors and author of The Humble Investor - drops by to challenge conventional wisdom, discuss humility, and stir up some lively debate.

In this conversation, Dan discusses his investment philosophy; focusing on the risks associated with private equity, the unpredictability of future growth, and the importance of patience in investing. Dan also touches on his approach to investigating biotech investing.

We hope you enjoy the show.

Sponsorship Information

Thank you to ⁠Fiscal.ai⁠ for sponsoring the show.

DISCOUNT INFO: If you use the affiliate link ⁠⁠fiscal.ai/brew⁠⁠, you will automatically get 2 weeks of Fiscal Pro for Free and if you find that you want to upgrade, my link will get you 15% off any paid plans. About ⁠Fiscal.ai⁠

⁠Fiscal.ai⁠ is the complete modern data terminal for global equities.

The ⁠Fiscal.ai⁠ platform combines a powerful user experience with all the financial data capabilities that professional investors need.

Users get up to 20 years of historical financials for all stocks globally that they can easily chart, compare, or export into their own models.

And unlike legacy data terminals where it can take hours or even days, ⁠Fiscal.ai⁠’s data is updated within minutes of earnings reports.

⁠Fiscal.ai⁠ also tracks all the company-specific Segment & KPI data so you don’t have to.

• Like to track Amazon’s Cloud Revenue? They’ve got it.

• How about Spotify’s premium subscribers?

• Or Google’s quarterly paid clicks?

They’ve got all of it.

Takeaways

Private equity is often treated as less risky than it truly is.

The recent decline in private equity fundraising indicates a shift in investor sentiment.

Future growth rates are unpredictable.

Focus on profitability and quality in business investments.

Volatility is predictable both in cross-section and time series.

Japan may be a good place for value investors to hunt.