Cryptocurrencies are attractive as a 'small part' of any por

Cryptocurrencies are attractive as a 'small part' of any portfolio, former Prudential Financial chief says


Cryptocurrencies are attractive as a 'small part' of any portfolio, George Ball says
wdaniel@businessinsider.com (Will Daniel)
© R.Tsubin/Getty Images
R.Tsubin/Getty Images
CEO of investment firmSanders Morris Harris, George Ball, said cryptocurrencies are "attractive" as a part of any portfolio.
Ball said he sees cryptocurrencies as an effective hedge against currency debasement.
The CEO also argued stock speculators will make the shift to crypto markets if there is a pullback in equities.
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Until recently, the chairman and CEO of investment firm Sanders Morris Harris had long been a critic of bitcoin and other cryptocurrencies.

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