Cliff Asness: The New ‘Crypto Fort Knox’ Is as Dumb as It Sounds(Illustration by The Free Press, images via Getty)To create a sovereign wealth fund dedicated to something five times or more as volatile as straight-up stocks is an awful idea.Produced by ElevenLabs using AI narrationI’ve been managing money for 33 years now with some modest success. While there are some worthy competitors, it’s hard for me to remember a much worse idea than the U.S. launching a “strategic cryptocurrency reserve.” ...