Investment chief Jeff Park claims that value investing principles from Benjamin Graham’s era no longer apply in today’s world, citing eroded foundations. Park argues that markets are now shaped by political discretion and cross-border flows rather than traditional free-market principles. He highlights key moments like the Main Street Lending Program and seizing of Russia’s reserve assets as signs of this shift. Park emphasizes that in this new age, value is determined by geopolitics, artificial intelligence, and culture, with Bitcoin being the ultimate hedge. He believes Bitcoin will prevail due to its ability to survive crises and regime changes.

Read more at Yahoo Finance: ProCap BTC Investment Chief Says We Are Entering The Age Of The ‘Ideological Investor’