With all possible respect, your boss is an idiot. A lot of people are investing in companies like ASICMiner. I hopefully do not need to explain that serious, long-term investment in stocks has been proven over hundreds of years to have a +EV (unlike gambling, which has a -EV).
Companies like ASICMiner represent significant real-world value; and like "real-world" companies, Bitcoin companies can experience growth, which (in the long term) will translate to a higher share price. Certainly many people will lose money as shares change hands; but, on average, companies tend to be very good at making profit. Profit is +EV.
You accept significant counter-party risk with the purchase of a Bitcoin company like ASICMiner, since there are no well-established laws and exchanges, but the market prices that risk into the share price.
Your boss is confusing alpha with beta. I cannot think of a more rookie mistake.
You're new. That alone makes you say stupid things, and puts you in a position to be unable to realize why exactly and to what degree. I won't engage you on the merits for this reason.
IF you're still around in six months or a year we may revisit this point then. Meanwhile your instruction will be probably best served by copying
this comment in your notebook ten times.
