Cross-Asset Strategist & Quantitative Analyst, Pennock Idea Hub

Cam Hui

Cam Hui has been professionally involved in the financial markets since 1985 in a variety of roles, both as a quantitative equity portfolio manager and as a sell-side analyst. He graduated with a degree in Computer Science from the University of British Columbia in 1980 and obtained his CFA Charter in 1989.

Cross-Asset Strategist & Quantitative Analyst

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Pennock Idea Hub

We are creators of independent equity research. The Pennock Idea Hub team are veterans of the investment industry. Much of our team has spent their careers at Merrill Lynch, Deutsche Bank, RBC Capital Markets and Wood Gundy. We have taken every aspect of research back to the studs and returned to first principles. The Pennock Idea Hub marries the interests of the sell and buy side. 

We offer the best research for institutional investors by:

-Only publishing research from veteran analysts
-Eliminate the inherent conflicts of the traditional sell and buy side relationship
-Ensure our team is always accessible; collaboration with clients nurtures our collective success

Cross-Asset & Quantitative Research

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

In response to our recent publication (see <a href="https://www.smartkarma.com/insights/a-focus-on-gold-and-energy" target="_blank" rel="noopener">A Focus on Gold and Energy</a>), a number of readers asked, “What about Bitcoin (BTC)?” Indeed, BTC has diverged and beaten gold recently. Even as gold prices corrected, BTC has been rising steadily since early October.In the long run, we believe Bitcoins and other cryptocurrencies are the latest digital equivalent of Beanie Babies or sports figure trading cards. It’s difficult to see how they can have value.In the short run, Bitcoin is becoming the next fad in momentum and FOMO investing. There are profits available in the short- and medium-term. Enjoy the party, but don’t mistake it for a durable alternative currency.

In response to our recent publication (see A Focus on Gold and Energy), a number of readers asked, “What about Bitcoin (BTC)?” Indeed, BTC has diverged and beaten gold recently. Even as gold prices corrected, BTC has been rising steadily since early October.In the long run, we believe Bitcoins and other cryptocurrencies are the latest digital equivalent of Beanie Babies or sports figure trading cards. It’s difficult to see how they can have value.In the short run, Bitcoin is becoming the next fad in momentum and FOMO investing. There are profits available in the short- and medium-term. Enjoy the party, but don’t mistake it for a durable alternative currency.

Why You Should and Shouldn't Invest in Bitcoin