Former top fund manager at Fidelity, George Noble, expressed a bearish view on Tesla and Bitcoin during Steve Aisman’s podcast, while Aisman disclosed that he holds a short position in MicroStrategy. Noble criticized MicroStrategy’s Michael Saylor and compared Bitcoin to "Facebook of the speculative asset world," believing that young speculators have shifted to other areas. He also warned that Tesla might face cash flow issues due to declining delivery volumes. Both expect funds to shift significantly from tech stocks to energy stocks, with Noble particularly optimistic about gold, though Aisman remains skeptical.
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Former top fund manager at Fidelity, George Noble, expressed a bearish view on Tesla and Bitcoin during Steve Aisman’s podcast, while Aisman disclosed that he holds a short position in MicroStrategy. Noble criticized MicroStrategy’s Michael Saylor and compared Bitcoin to "Facebook of the speculative asset world," believing that young speculators have shifted to other areas. He also warned that Tesla might face cash flow issues due to declining delivery volumes. Both expect funds to shift significantly from tech stocks to energy stocks, with Noble particularly optimistic about gold, though Aisman remains skeptical.