Wu Dan-ru Warns of Inflation ‘Gray Rhino,’ Reveals Spot Bitcoin Holdings

Inflation is seen as a “gray rhino” that could erode purchasing power over the long term, prompting a reassessment of traditional stock-and-bond allocations. Author Wu Dan-ru believes stocks are a better inflation hedge than bonds and favors property in prime locations as a store of value. The reports did not mention any specific financial institution or investment amount.

In the latest report, Wu disclosed for the first time that she holds spot Bitcoin, though she characterized it as a speculative asset. She did not disclose the purchase date, cost or size of her holdings. Wu recommends limiting Bitcoin and other alternative investments to no more than 5% of total assets to contain the broader financial risks posed by sharp price swings.