Ep. 114: Stéphane Ouellette on the Crypto Crash, and What Next

Stéphane is CEO and Co-Founder of FRNT Financial – a crypto-focused investment bank. He began his capital markets career working in the Equity Products group on the trading floor at BMO Capital Markets (BMO) in 2010 as a Cash Equity Sales Trader. He eventually transitioned into BMO’s hedge fund sales trading group and added coverage of equity options and equity swaps. In 2018, Stéphane left BMO to start FRNT Financial. In August 2019, Stéphane was elected Chairman of the Canadian Security Traders Association (CSTA) following a term as Vice Chairman. On this podcast we discussed:

1. Use cases for crypto
2. Why the differences between Ethereum and bitcoin are exaggerated
3. The unwarranted valuations of crypto markets
4. Whether decentralized finance (DeFI) adds any value
5. The difficulties for institutions to access crypto markets
6. What to look out for when investing in crypto
7. Stéphane’s book recommendations: Reminiscences of a Stock Operator (Lefvre), Market Wizards (Schwager), Hedgehogging (Biggs), The Ascent of Money (Ferguson), Too Big to Fail (Sorkin), Liars Poker (Lewis), The Big Short (Lewis)

You can get FRNT’s daily newsletter on crypto developments here and you can follow Stephane on LinkedIn here.

Read the full transcript here.

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(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)