Thread: Paul Tudor Jones says he likes bitcoin even more now, rally still in the 'first innin

He holds 1-2% of his total holdings in bitcoin. Yes, that's a lot of money, but relatively speaking, it's not much.

The problem with articles like this is that individual investors read it as the all clear to to put half their life savings into bitcoin (or gold).

If he has such conviction that inflation is coming, why only 1-2% of his assets and not 20 percent?

Doesn't mention bitcoin here, but he does mention inflation which he thinks is coming back when things re-open. Where I am, most 20 year olds and under are still behaving like 20 year olds and younger. This really hasn't slowed them down.

I have a hard time jumping on the inflation train. As more and more things are purchased online, people will flock to whoever can provide the lowest prices. This trend is not going away.

The vaccine's going to bring us back. We're going to have an incredible growth rebound,” the investor predicted, as pent-up demand from the last year gets carried forward in a big way.

“I have four kids in their 20s. And, it's like a horse at the beginning of a race,” Jones said. “They're so ready to get to see their friends, to get to restaurants, to vacation. They're just ready to get out and go crazy, like I think everyone else in the world," he added.


For that reason, the investors sees "a second-quarter explosion" in retail, and virtually every other level.


"And you're going to have this just massive boom. And the consequences of that, I think, are pretty clear for fixed income. Fixed income will probably go down during that. Commodities will probably go up," the investor said.

https://www.yahoo.com/entertainment/...153243971.html