BTC064: Bitcoin and Fidelity's Director of Global Macro Jurrien Timmer (Bitcoin Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Business, Education, Investing

4.6 • 3.6K Ratings

🗓️ 9 February 2022

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

IN THIS EPISODE, YOU’LL LEARN: 01:01 - Who influenced Jurrien and what was sage advice he received when he was first learning? 05:21 - What are some of the most important variables he looks at for cycle timing? 13:58 - How much can the FED realistically raise rates in the current cycle. 21:25 - How Jurrien thinks about earnings growth decline and P/E stagnation during a bull run. 28:45 - What Jurrien's long-term secular outlook is for equities and bonds. 30:55 - How does the FED respond to inflation in 2022? 35:26 - Why has Fidelity been so early to Bitcoin compared to other Wall Street banks? 35:26 - Why Fidelity views bitcoin differently than other digital assets. 35:26 - What differences does Jurrien see with Bitcoin compared to other assets he's studied through the years? 35:26 - Bitcoin Stock to flow (supply model) versus Bitcoin Demand Model (S-Curve). 51:49 - The Volcano Bond and how it might be used as a model in the future. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Jurrien Timmer's Twitter Account. Link to Fidelity's recently published white paper on Bitcoin. New to the show? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. 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Transcript

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0:00.0	You're listening to TIP.
0:02.6	Hey, everyone.
0:03.6	Welcome to this Wednesday's release of the podcast where we're talking about Bitcoin.
0:07.0	On today's show, I'm super excited to bring you this conversation with Yuri and Timmer.
0:11.7	Yuri and is the director of Global Macro Investing at Fidelity.
0:15.8	We cover so much ground in this conversation to include his expectations for the fixed
0:20.0	income and equity markets going into this year.
0:23.0	Why and how Fidelity has been able to be so progressive in early to Bitcoin when everyone
0:28.1	else on Wall Street has taken so much time to figure it out.
0:31.3	We talk about a lot of his incredible charts and much, much more so without further delay.
0:36.3	Here's my chat with the brilliant Yuri and Timmer.
0:39.0	You're listening to Bitcoin Fundamentals by the Investors Podcast Network.
0:47.8	Now for your host Preston Pish.
1:01.0	Hey everyone, like we said in the intro, I'm here with Yuri and Timmer.
1:05.4	Yuri and I've been a fanboy.
1:06.8	I've been kind of stalking your Twitter profile and your charts that you're posting on
1:11.7	here are just fantastic and you're posting so many of them that have just added tremendous
1:17.3	value to me.
1:18.7	I really try to, as an investor, I'm constantly trying to understand where I'm at in the market
1:23.3	cycle and you have provided that in spades.
1:26.1	I guess this is my first question for you.
1:28.5	Whenever I've heard interviews with people like Stan Druckenmiller and some of the greats
	...

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