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Whitney Tilson’s email to investors discussing thank goodness for Enrique; Buffett and Munger interview; Robinhood pays record fine and plans for IPO; Hertz emerges from bankruptcy. Q1 2021 hedge fund letters, conferences and more Thank Goodness For Enrique1) With the markets up strongly in the first half of the year – the S&P 500 Index rose 14.5% – my main thought is "TGFE": "thank goodness for Enrique" (my colleague Enrique Abeyta)! Here's why... With the S&P 500 now up 92% since its pandemic-crash low on March 23, 2020, and all of the foolishness in the markets this year – "meme stocks," cr...
ValueWalk
Whitney Tilson’s email to investors discussing that he is no longer bearish on all cryptos; he might be wrong on Hertz (OTCMKTS:HTZGQ); Dogecoin rips in meme-fueled frenzy on pot-smoking holiday. Q1 2021 hedge fund letters, conferences and more No Longer Bearish On All Cryptos1) Given how bearish I've been about cryptocurrencies – calling them "a techno-libertarian pump-and-dump scheme" and nailing the December 2017 bitcoin top to the hour – I wanted to share with all of my readers an excerpt of what I wrote in last month's edition of our flagship Empire Stock Investor newsletter entitled "The...
ValueWalk
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