What happened in this episode?
Lark Davis sets out a high-level framework for building a crypto portfolio aimed at the next market cycle, arguing most investors should anchor allocations in large-cap “blue chips” such as Bitcoin, Ethereum and Solana, which he frames as comparatively lower risk within crypto. He also urges viewers not to be fully exposed to crypto because of volatility, recommending a parallel base of traditional equity holdings (for example broad index funds and sector ETFs) to dampen overall portfolio swings.
Davis then describes additional ways he seeks crypto exposure via publicly traded firms, naming specific holdings including Galaxy, Coinbase and several “digital asset treasury” companies, while saying he intends to sell Coinbase “this cycle” and rotate proceeds into dividend stocks. He outlines token categories he believes are better positioned in the current market, including protocols he says have “real revenues and strong tokenomics”, and networks he argues are undervalued despite adoption, giving Near and Sui as examples.
He repeats that narrative matters for token selection (citing themes such as privacy, quantum and AI), and criticises tokens he describes as governance-only for failing to return value to holders. Near the end, he highlights a thesis that some older tokens attached to successful businesses may improve if token economics are corrected, singling out Basic Attention Token (BAT) and claiming Brave’s roadmap includes new revenue models with buybacks “incoming”. The episode contains multiple promotional pitches for Davis’s paid community tool and free newsletter.
