28 Sep '17, 5pm

A manager at a $6 billion quant fund gives the best intro to cryptocurrencies we've heard

A manager at a $6 billion quant fund gives the best intro to cryptocurrencies we've heard

Patrick O'Shaughnessy of O'Shaughnessy Asset Management. LinkedIn Patrick O'Shaughnessy vividly recalls the week he was introduced to the world of cryptocurrencies. O'Shaughnessy, a manager at his family's $6 billion quant asset manager of the same name, was chatting with one of his analysts over lunch at the beginning of this year about what they did over the weekend. "He told me he bought a bunch of cryptocurrencies: ether, bitcoin, and litecoin," O'Shaughnessy told Business Insider. "And I was like, 'What the hell is a cryptocurrency?'" He figured that if one of his guys was spending time on "this stuff," he'd have to learn more. Serendipitously, the next day O'Shaughnessy got an email from Matthew Goetz, a former vice president at Goldman Sachs, who wanted to connect with O'Shaughnessy to tell him about the cryptocurrency hedge fund he was looking to start with Ari Pau...

Full article: http://www.businessinsider.com/bitcoin-podcast-explains-c...

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