Talking Real Money - Investing Talk
Talking Real Money - Investing Talk
Don McDonald
Crypto Markets Efficient?
40 minutes Posted Jun 3, 2025 at 5:08 pm.
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Show notes
In this episode of Talking Real Money, Don and Tom reluctantly return to the topic of Bitcoin, using its recent price spike to explore deeper questions about market efficiency, irrational investor behavior, and the legitimacy of crypto as an investment. With nods to Eugene Fama, Cliff Asness, and some well-aimed skepticism, the duo debates whether price reflects value or just hype. Alongside listener calls from California, Canada, and North Carolina, they address portfolio allocation, pe...