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Case Study: On March 5, 2023 John Brown, the fictional US hedge fund manager of the "Bitcoin: Investment or Illusion?" case read the Financial Times article: "Nouriel Roubini: bitcoin is not a hedge against tail risk[1] - Elon Musk may be buying it, but that doesn't mean everyone else should follow suit". Nouriel Roubini, a prominent professor of economics at the Stern School of Business, NYU is extremely critical of bitcoin and other crypto currencies. At the end of the article, Roubini states that "Risky, volatile bitcoin doesn't belong in the portfolios of serious institutional investors".
Questions:
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