[Virtual Workshop] An Investment Manager's Perspective on Bitcoin, Digital Assets, and Blockchain

Events Details (Code: 210313W-FTX)

Our FinTech and New Economy Committee would like to present to you "An Investment Manager's Perspective on Bitcoin, Digital Assets, and Blockchain".

  Blockchain and digital assets (aka cryptocurrencies), led by Bitcoin, have emerged as part of a global conversation over the past decade, and there is still much confusion about all these terms and their underlying concepts.  This workshop is designed to help investment professionals gain a broad understanding of the blockchain and digital asset ecosystem.  There are a range of opportunities and risks to consider (because it is not for everyone!), and some important distinctions that must be understood before investing.   

Who should attend?
 This course is designed for investment professionals, family offices, financial planners, and individuals interested in learning about blockchain and digital assets.  Beginners are welcome, as are those with an intermediate level of understanding in this space.  The more perspectives, the better the discussion!

Course introductory video: Watch here!

Course Outline:

  • Understand the distinctions among Bitcoin, digital assets (aka cryptocurrencies), and blockchain
  • Bitcoin 

o   Learn the history of, philosophy behind, and characteristics of Bitcoin

o   Discuss fundamental differences between Bitcoin and all other digital assets

o   Discuss market adoption for payments (PayPal, Square, etc.)

o   Discuss limitations of Bitcoin

o   Understand mining (“proof of work”)

§  Primary market function

§  Secondary market function

  • Blockchains

o   Learn how blockchains, distributed ledger technology (DLT), and hashing algorithms operate through an interactive exercise

o   Discuss various applications of blockchain (outside of the currencies)

o   Discuss the debate between permissioned and permissionless blockchains

  • Digital Assets

o   Understand the broad themes within digital assets, with a focus on the top 10 cryptocurrencies (by market cap)

o   Discuss emerging market perspectives on both digital assets and blockchain

  • Investment Considerations

o   Willingness to take risk, capacity to take risk, and macro factors in allocating to digital assets

o   Historical performance, correlations with equities and gold, and diversification benefits

o   Learn about various custody solutions and concerns (cold storage and warm storage)

o   Learn about three ways to own digital assets (direct ownership, passive funds, and active management)

o   Discuss tax considerations (noting that rules vary by country)

o   Discuss regulatory environment for digital assets

  • This workshop will be highly interactive, so come prepared to ask questions, engage the instructor and class, and have fun learning!

Registration Deadline: 2pm, 11 March 2021 (Thursday)

About the Speaker

Mr. Bobby Henebry, CFA
Henebry Blockchain & Cryptocurrency Consulting, LLC
Mr. Bobby Henebry, CFA is founder of HBCC, LLC, an early adopter of mining cryptocurrencies in 2016 that evolved to educate business groups on the technology and advise startups (in traditional ventures as well as blockchain-related).  He is a globally recognized speaker, having presented to audiences in over a dozen countries, on understanding blockchain and digital assets, which builds on extensive experience in traditional investment advisory services.  He also speaks on “Reinventing Yourself in the Digital Age,” for people looking to become entrepreneurs and/or live more meaningful lives.

Separately, Bobby is a partner at DM Capital, a long-only public equity investment strategy with a concentrated portfolio of a dozen stocks.  Previously, he was a partner at SeaBridge Investment Advisors, advising wealthy individuals and family offices on global allocations across asset classes, and raising $200M over 11 years with the firm. Bobby earned an engineering degree and MBA, both from Georgia Tech.  He is a member of the Society of International Business Fellows (SIBF), and is very active in the Middle East Leadership Academy (MELA) and Central Eurasian Leadership Alliance (CELA), as well as mentoring in the Global Good Fund (GGF).  Bobby has traveled to 55 countries.  He also loves music, and founded the YouTube channel Chord Savvy, a music education platform.

Rating - General 
Material presented will be basic and of interest to a general audience having no background in the area. 

CFA Societies Global Passport Program

CFA Society Hong Kong has participated in the CFA Societies Global Passport Program which allows CFA society members to enjoy local society member rate at selected events like this luncheon.  Members of non-CFA Society Hong Kong CFA Institute societies qualify to attend this event at CFA Society Hong Kong member rates.  Please contact CFA Society Hong Kong at to register. 

- Registration Deadline: 2pm, 11 March 2021 (Thursday)
- CFA Societies Global Passport Program Eligible

- Only Visa and Master Card are accepted for online payment.
-  The fee includes course materials. 
- For attendance-taking purpose, participants’ names and company names (if any) will be given to the speaker at this workshop.

- Due to COVID-19, 
cash payment is not accepted.  Please ensure the online payment is successfully completed, otherwise the registration may not be processed.

- The event will be conducted in English.
- The Zoom link will be sent to registrants on or before 11 March (those who have completed the online payment). 
- A reminder will be sent out 1 day before the event. If you have not received the email confirmation and reminder, it is the delegate's responsibility to contact CFA Society Hong Kong to confirm their place.
- The virtual workshop will be conducted on Zoom.
To qualify for CPT/CE hours, participants must attend the full virtual workshop.
- Please log in the webinar link 15 mins in advance of the session start time to allow some time to solve the technical issues (if any) and the webinar will start promptly at 9:30 am.
- CFA Society Hong Kong will closely monitor and assess the ongoing situation of COVID-19 in the community.  Should there be any changes to the event dates and other arrangements, we will notify participants via SMS and/or email.  Notices will also be posted on Society’s website.  Please stay alert with our notifications.
- The event organizers reserve the right to change the format, date or speakers of the event due to unforeseen circumstances without prior notice.
- In case of dispute, the decision of CFA Society Hong Kong is final, and no further correspondences will be entertained.