Whitney Tilson’s email to investors discussing his CNN interview, why Tesla is not out of the woods; Amazon an Ad Giant; Housing Boom Coming to an End; Dearth of Women in Hedge Funds; World’s Toughest Mudder.
1) I was back at the NYSE yesterday, this time doing two segments with CNN’s Julia Chatterley. In the first, we discussed why I like the FAANG stocks better than the defensive consumer and pharma names investors are rotating into and, in particular, why I think Facebook is a buy. To watch it, click here (4:36). In the second, I outlined why I don’t think Tesla is out of the woods and why they’ll have to do a substantial equity raise. Click here (2:40).