Posted by & filed under Company Analysis, Economic Analysis, Financial analysis, Financial Planning, Governments & Regulators, Growth & Valuation, Industry Analysis, Market Analysis, Personal Finance.

Description: Ontario Teachers’ Pension Plan said it will write down its stake in FTX to zero, taking a US$95 million loss barely a year after making its first investment in Sam Bankman-Fried’s now-bankrupt cryptocurrency exchange.

Source: BNNBloomberg.ca – video report

Date: Nov 19, 2022

Link: https://www.bnnbloomberg.ca/ontario-teachers-writes-off-ftx-stake-citing-potential-fraud-1.1848170

Questions for discussion:

  • Summarize the analysis presented and evaluation of the decision to invest in FTX.
  • What do you think of the decision to invest in crypto by a pension plan?

Leave a Reply

Your email address will not be published. Required fields are marked *