Bitcoin Gets A Boost: This Veteran Contrarian Investor Goes Long As Everybody Goes Short
Posted On February 20, 2026
Even as Bitcoin (CRYPTO: BTC) has logged its worst start to a year ever, seasoned finance veterans are strategically positioning for future upside.
Bitcoin’s Unexpected Advocate
Prominent crypto investor Lark Davis highlighted comments by Hugh Hendry, founder of Eclectica Asset Management, who is incorporating Bitcoin into what he describes as a “barbell strategy” alongside bets on interest rate cuts.
Hendry built his reputation as a contrarian investor who challenged mainstream economic thinking.
In 2008, as the global financial crisis unfolded, his fund returned 31.2% while markets were roiled by the collapse of mortgage-backed debt.
He has also demonstrated conviction in real assets, including …