Marc Levine is the Former Chairman of the Illinois State Board of Investment. He also started Chicago Asset Funding, which navigated the 2008 financial crisis very profitably.
In this conversation, we discuss runaway pension liabilities, the disciplined systematic approach Illinois used to go from 3rd quartile of performance to top 8% in 3 years, the importance of overweighting tech and innovation, the index model of pensions, and what it will take to get Bitcoin in every pension portfolio.
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BlockFi allows you to keep your crypto, put it up as collateral, and receive a USD loan funded directly to your bank account. They do loans ranging from $2,000 to $10,000,000, and they're perfect for helping you reach your financial goals of all sizes. Visit BlockFi.com/Pomp to learn more about putting your crypto to work without having to sell it. https://www.blockfi.com/pomp
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Our second sponsor is choice, a new self-directed IRA product that I'm really excited about. If you are listening to this, you are likely part of the 7.1 million bitcoin owners who have retirement accounts with dollars in them, but not bitcoin. I was in that situation too. Now you can actually buy real Bitcoin in your retirement account. I'm talking about owning your private keys and using tax-advantaged dollars to do it too. Absolute game changer. https://www.retirewithchoice.com/pompÂ
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Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com