Whitney Tilson Says Bitcoin Heading Towards Zero

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Whitney Tilson Says Bitcoin Heading Towards Zero
Whitney Tilson

Whitney Tilson is back after a long hiatus. According to an email sent to investors, Tilson is only short seven companies currently. He discusses two of them below, LL and WRLD. Tilson also discusses bitcoin, which he is not a fan of. The cryptocurrency has been on a big downturn, but had a huge gain before that, starting almost to the day Tilson called it “an obvious scam“, as the chart below demonstrates. It sounds as though Tilson is calling for bitcoin to go to zero.

See Tilson in his own words below.

What Investors Need To Know When Choosing A Private Equity Manager

investor 1652197064It's no secret that this year has been a volatile one for the markets. The S&P 500 is down 18% year to date, while the Nasdaq Composite is off by 27% year to date. Meanwhile, the VIX, a key measure of volatility, is up 49% year to date at 24.72. However, it has spiked as Read More

I’m only short seven stocks currently, but there’s news on two of them:

1) The Environmental Investigation Agency is out with an update on its initial 2013 report,