Anthony Pompliano: And so he's like, I never really had money before, but through some circumstances of a company that he worked at for a long time, basically got a lump sum of money in like a buyout type situation. And this is maybe, I don't know, six years ago, five years ago. And he basically started to allocate to all the names that in hindsight were really smart. He bought Carvana really low. He sold it. He rotated into Bitcoin in the last bear market. He had Robinhood stock early. He just went through a series of things that he'd done this. He said, look, I made all this money. He goes, but I'm basically deathly afraid of losing it. And it goes back to like, what does every CEO ever get told? Only the paranoid survive. Right. And so in a weird way, like he is better positioned because to him, every single dollar means something versus a hedge fund manager who's like, the LP is still going to be fine. It's a very different relationship with the portfolio.
He rotated into Bitcoin in the last bear market.