Crucible Capital General Partner Meltem Demirors says the idea of speculative fervor and assets trading at really high multiples to the underlying NAV pose a potential risk, believing people are going to lose. She says it is “a game of musical chairs” for the people who are buying at really high premiums. She speaks with Tim Stenovec on “Bloomberg Crypto.”
(Source: Bloomberg)
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Demirors on the Risk of Buying Assets at High Premiums
