Larry Fink, CEO of BlackRock, the world’s biggest money manager, calls to democratize investing: opening retirement accounts to private markets, which are currently off-limits. He's also warmed up to adding crypto to some portfolios. Lesley Stahl points out, “It wasn't that long ago that the big bankers, Jamie Dimon and Larry Fink, were saying that crypto was stupid and a fraud.” “The markets teach you, you have to always relook at your assumptions,” says Fink. “I don’t believe that it should be a large component of your portfolio, but for those looking to diversify, this is not a bad asset.” Andrew Ross Sorkin, author of “1929,” warns that some types of cryptocurrencies can be manipulated by speculators, who pump them up and then let them crash. #larryfink #crypto #finance #investing #blackrock