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State Street’s $5.7 Trillion Portfolio Chief Missed Bitcoin at $500. But She Saw Gold’s $3,000 Run Coming Years Earlier

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FOMOGRAM Editorial Desk
Aug 1, 2026
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State Street’s $5.7 Trillion Portfolio Chief Missed Bitcoin at $500. But She Saw Gold’s $3,000 Run Coming Years Earlier
EXECUTIVE SUMMARY

State Street's $5.7 trillion portfolio chief built a thesis that proved right on one hard asset and catastrophically wrong on another, and the story of both calls reveals something uncomfortable about how even the best institutional minds handle paradigm-shifting money.

State Street's $5.7 trillion portfolio chief built a thesis that proved right on one hard asset and catastrophically wrong on another, and the story of both calls reveals something uncomfortable about how even the best institutional minds handle paradigm-shifting money.

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The article focuses on traditional investment strategies and does not relate to cryptocurrency markets.

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