While you are thinking to yourself tech stocks are overvalued, remember that Google has 100B in cash, 4B in debt and 30B net income, vs Kraft Heinz Co. that has 1B in cash, 30B in debt and 3B income. Which business would you like to own for a long time?
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Noted Hedge Fund Says Crypto Hasn't Bottomed YetAlex Sunnarborg's hedge fund shorted ether in May 2018, a month when its average price was nearly $700. Now it hovers around $100. He discusses why he thinks the crypto market hasn't bottomed yet. Thoughtful read! I want to know what platform he used to short Ethereum, could have made tons of money as it was all stupid overbought. alexsunnarborg I find it fascinating that you guys had every opportunity to interview this guy and publish the article yet you wait until today to roll this out. Tell me, what other bullshit do you have in your vault to unveil only at times as it suits your masters?
Source: Forbes - 🏆 394. / 53 Read more »