"Crypto Will Fix This"
Dear Limited Partners,
An update on Volume 1: crypto did not fix this. It made this both larger and more decentralized. Our digital assets went up dramatically, at which point we did not sell, citing "conviction," and then came down even more dramatically, at which point we did not sell, citing "conviction."
The coin the man with the lanyard recommended turned out to be a coin issued by the man with the lanyard. He has since relocated to a country with which we have no extradition treaty. We wish him well and our money back, in that order, flexibly.
We did, however, learn the word "HODL," which we now apply to our entire portfolio, our office lease, and our denial. We are HODLing through this together.
We remain certain that crypto will fix this. We have simply not yet identified the volume in which it does.
Diamond-handed and empty-handed,
Chadwick "Chad" Burnsworth III
Managing Partner