Stock Market logoStock Market Station

All the stock market news, every minute updated!

06 August 2021
05:21 hour

: Bitcoin could prevent society from functioning and is an ‘extreme form of libertarian anarchism,’ warns this fund manager

Market Watch

05/03/2021 - 10:42

Tim Bond, partner and portfolio manager at Odey Asset Management, believes bitcoin could prevent society from functioning in an efficient and ethical manner.


READ THE FULL ARTICLE ON MARKET WATCH

Related headlines:

  1. Need to Know: This chart setup suggests bitcoin will crash to ‘single-digit’ thousands, fund manager says (23/06/2021 - Market Watch)
    Louis Navellier, the chairman and founder of fund manager Navellier & Associates, said he's identified two head-and-shoulders formations that he thinks suggest bitcoin will fall below $10,000.
    [visit article]
  2. SPAC party may come to end soon, hedge fund manager warns (28/02/2021 - Seeking Alpha)

    [visit article]
  3. Tesla Down 2.6% As Competition Looms, Fund Manager Warns (17/03/2021 - Investing.com)

    [visit article]
  4. Cryptos: ‘I have some bitcoin,’ says Dalio at crypto conference: ‘Personally, I’d rather have bitcoin than a bond’ (24/05/2021 - Market Watch)
    Billionaire hedge-fund manager Ray Dalio says that he owns some bitcoin, making the prominent investor one of the latest traditional investors to declare ownership in the world's most popular digital asset.
    [visit article]
  5. Cryptos: ‘I have some bitcoin,’ says Dalio at crypto conference: ‘Personally, I’d rather have bitcoin than a bond’ (24/05/2021 - Market Watch)
    Billionaire hedge-fund manager Ray Dalio says that he owns some bitcoin, making the prominent investor one of the latest traditional investors to declare ownership in the world's most popular digital asset.
    [visit article]
  6. NewsWatch: Elon Musk is ‘definitely too influential on Bitcoin prices’ says head of crypto hedge fund—but that may change (05/06/2021 - Market Watch)
    Elon Musk caused more calamity in bitcoin price action late Thursday and into Friday, leading at least one crypto hedge-fund manager to describe the Tesla Inc. CEO and prolific tweeter as “too influential on bitcoin prices.”
    [visit article]
  7. Crypto: Elon Musk is ‘definitely too influential on Bitcoin prices’ says head of crypto hedge fund—but that may change (04/06/2021 - Market Watch)
    Elon Musk caused more calamity in bitcoin price action late Thursday and into Friday, leading at least one crypto hedge-fund manager to describe the Tesla Inc. CEO and prolific tweeter as “too influential on bitcoin prices.”
    [visit article]
  8. : The world’s largest bitcoin manager vows to convert digital trust into an ETF (05/04/2021 - Market Watch)
    The sponsor behind Grayscale Bitcoin Trust, one of the largest digital asset managers in the world, declares that it is “100% committed” to converting its flagship fund into an exchange-traded fund.
    [visit article]
  9. $10B asset manager registers new Bitcoin fund with SEC (25/07/2021 - Investing.com)

    [visit article]
  10. A Billionaire Fund Manager Says Bitcoin Will Drop Below $23K (18/07/2021 - Investing.com)

    [visit article]
  11. Another famous fund manager turns bullish on Bitcoin (23/02/2021 - Seeking Alpha)

    [visit article]
  12. NewsWatch: Bitcoin may slump below $10,000 if this technical signal is correct (23/06/2021 - Market Watch)
    Louis Navellier, the chairman and founder of fund manager Navellier & Associates, said he's identified two head-and-shoulders formations that he thinks suggest bitcoin will fall below $10,000.
    [visit article]
  13. Cryptos: Biggest risk for crypto? ‘Its own success,’ says founder of world’s largest hedge fund Ray Dalio (11/05/2021 - Market Watch)
    Billionaire hedge-fund manager Ray Dalio sounds a bullish tone for cryptographic assets even as he warns that the Federal Reserve is fostering a bubble in markets fueled by its loose monetary policy.
    [visit article]
  14. Mutual Fund Investment: Should you choose Active or Passive Funds? (16/07/2021 - Financial Express)
    In the case of an actively managed fund, a fund manager has more involvement in the decision-making process, whereas, in passively-managed funds, it is not in the hands of the fund manager to decide the movement of the underlying assets.
    [visit article]
  15. The Tell: Bitcoin could hit $250,000 if U.S. companies opt to do this, says Cathie Wood (17/02/2021 - Market Watch)
    Cathie Wood, the chief executive of ARK Invest and manager of the popular ARK Innovation exchange-traded fund, says that a single bitcoin could be valued at $200,000 more than its current price if more corporations add the cryptocurrency to their balance sheets.
    [visit article]
  16. The Tell: Bitcoin could hit $250,000 if U.S. companies opt to do this, says Cathie Wood (17/02/2021 - Market Watch)
    Cathie Wood, the chief executive of ARK Invest and manager of the popular ARK Innovation exchange-traded fund, says that a single bitcoin could be valued at $200,000 more than its current price if more corporations add the cryptocurrency to their balance sheets.
    [visit article]
  17. Stock market 'fairly valued,' Bitcoin's ability to store value an 'open question' - fund manager Bill Miller (12/07/2021 - Seeking Alpha)

    [visit article]
  18. : ‘Big Short’ investor Michael Burry warns stimulus may stoke inflation (22/02/2021 - Market Watch)
    The fund manager who famously spotted the mortgage crisis ahead of time — and invested in GameStop long before it became a worldwide sensation — now says the U.S. government is inviting inflation.
    [visit article]
  19. Need to Know: This signal is telling investors that highflying stocks are ready to fall back to Earth, says fund manager (19/05/2021 - Market Watch)
    Noted value fund manager GMO points to increased supply of stock being a signal of an imminent bust in the speculative tier of equities.
    [visit article]
  20. Need to Know: This signal is telling investors that highflying stocks are ready to fall back to Earth, says fund manager (19/05/2021 - Market Watch)
    Noted value fund manager GMO points to increased supply of stock being a signal of an imminent bust in the speculative tier of equities.
    [visit article]
  21. NewsWatch: This signal is telling investors that highflying stocks are ready to fall back to Earth, says fund manager (19/05/2021 - Market Watch)
    Noted value fund manager GMO points to increased supply of stock being a signal of an imminent bust in the speculative tier of equities.
    [visit article]
  22. Need to Know: Investors are ignoring a ticking-time-bomb stock market, says this money manager (11/05/2021 - Market Watch)
    Investors aren't worried about risk and the Fed helped them get there, but it isn't going to end well, warns our call of the day from Thomas H. Kee Jr., president and chief executive of Stock Traders Daily and portfolio manager at Equity Logic.
    [visit article]
  23. NewsWatch: Investors are ignoring a ticking-time-bomb stock market, says this money manager (11/05/2021 - Market Watch)
    Investors aren't worried about risk and the Fed helped them get there, but it isn't going to end well, warns our call of the day from Thomas H. Kee Jr., president and chief executive of Stock Traders Daily and portfolio manager at Equity Logic.
    [visit article]
  24. NewsWatch: Investors are ignoring a ticking-time-bomb stock market, says this money manager (11/05/2021 - Market Watch)
    Investors aren't worried about risk and the Fed helped them get there, but it isn't going to end well, warns our call of the day from Thomas H. Kee Jr., president and chief executive of Stock Traders Daily and portfolio manager at Equity Logic.
    [visit article]
  25. Bitcoin Falls To End Volatile Week (21/05/2021 - INO.com)
    Bitcoin and the cryptocurrency market overall are heading into the weekend down after a volatile week. Bitcoin will end the week down roughly -23% as I write this article after China released a statement stating that it is necessary to "crackdown on Bitcoin mining and trading behavior, and resolutely prevent the transmission of individual risks […] The post Bitcoin Falls To End Volatile Week appeared first on INO.com Trader's Blog.
    [visit article]
  26. NewsWatch: An ‘above-average growth story’ is about to unfold. 3 stocks to play it from a top-performing fund manager. (22/07/2021 - Market Watch)
    Our call of the day comes from a fund manager who sees a growth story unfolding in quarters to come.
    [visit article]
  27. PayPal’s Peter Thiel warns Bitcoin as a potential ‘Chinese financial weapon’ against the US (08/04/2021 - Financial Express)
    According to a study titled Cambridge Bitcoin Electricity Consumption Index by the University of Cambridge, China’s share in global Bitcoin mining stood at around 65 per cent as of zApril 2020 while the US accounted for only 7.2 per cent of global bitcoin mining.
    [visit article]
  28. Need to Know: An ‘above-average growth story’ is about to unfold. 3 stocks to play it from a top-performing fund manager. (22/07/2021 - Market Watch)
    Our call of the day comes from a fund manager who sees a growth story unfolding in quarters to come.
    [visit article]
  29. : ‘You can’t ignore’ bitcoin anymore, warns Morgan Creek’s Mark Yusko (08/04/2021 - Market Watch)
    Yusko expects the SEC will move to approve a bitcoin ETF.
    [visit article]
  30. Market Extra: Which tech stocks can build on pandemic gains? Fund manager Ryan Jacob offers these two names. (23/04/2021 - Market Watch)
    Fund manager Ryan Jacob has survived plenty of market crises. The Jacob internet Fund got its start in 1999 and is still going strong. He lays out two tech stocks for right now.
    [visit article]
  31. Mutual funds: How to assess your fund manager’s performance (21/06/2021 - Financial Express)
    Jensen’s Alpha represents how much of the rate of return on the portfolio is attributable to the manager’s ability to derive above-average returns adjusted for risk
    [visit article]
  32. NewsWatch: Stocks aren’t in a bubble, but here’s what is, according to fund manager Cathie Wood (10/02/2021 - Market Watch)
    The manager of the ARK Innovation ETF points the bubble accusation at another asset class.
    [visit article]
  33. Need to Know: Stocks aren’t in a bubble, but here’s what is, according to fund manager ARK Invest’s Cathie Wood (10/02/2021 - Market Watch)
    The manager of the ARK Innovation ETF points the bubble accusation at another asset class.
    [visit article]
  34. : Lordstown stock drops 20% after electric-truck company warns about financial position (08/06/2021 - Market Watch)
    Lordstown Motors Corp. shares dropped nearly 15% after the electric-vehicle company warned investors about its ability to continue functioning financially Tuesday.
    [visit article]
  35. Bitcoin is a bubble for now over 80% fund managers globally despite price pullback: Bank of America survey (16/06/2021 - Financial Express)
    In terms of trades that fund managers see as most overdone, commodities replaced last month's leader, Bitcoin.
    [visit article]
  36. All-star investor Rich Bernstein warns bitcoin is a bubble, sees oil as the most ignored bull market (17/06/2021 - Reddit Stock Market)
    Bitcoin is bubble, but oil is most ignored bull market, Rich Bernstein says (cnbc.com) PUBLISHED MON, JUN 14 20217:33 PM EDT UPDATED TUE, JUN 15 20211 1:42 AM EDT Stephanie [email protected] In this article BTC.CB=+36.61 (+0.09%) @CL.1+0.05 (+0.07%) Institutional Investor Hall of Famer Richard Bernstein is sounding the alarm on bitcoin. He warns it’s a bubble and crypto fever is pushing investors away from market groups positioned to grab the biggest gains, particularly oil. “It’s pretty wild,” the CEO and CIO of Richard Bernstein Advisors told CNBC’s “Trading Nation” on Monday. “Bitcoin has been in a bear market, and everybody loves the asset. And, oil has been in a bull market, and it’s basically, you never hear anything about it. People don’t care.” Bernstein, who has spent decades on Wall Street, calls oil the most ignored bull market. “We’ve got this major bull market going on in commodities, and all people are saying is that it doesn’t matter,” he said. WTI crude oil is trading around its highest levels since October 2018. It settled at $70.88 on Monday and is up 96% over the past year. Bitcoin may be up 13% over the past week, but it’s still down 35% over the past two months. Even though bitcoin saw a meteoric rise last year, Bernstein suggests a run back to those levels would be unsustainable. He believes the rush to own bitcoin and other cryptocurrencies has become dangerously parabolic. “Bubbles differ from speculation in that bubbles pervade society. They go outside the financial markets,” he said. “Certainly with cryptocurrencies now, and most likely with most technology stocks, you’re starting to see that happen where people are talking about them at cocktail parties.” Right now, Bernstein is most bullish on companies that aren’t built to innovate or disrupt the economy. He went bearish on technology stocks in 2019. ‘Your portfolio could suffer a lot’ “If you’re on the wrong side of the see-saw over the next year or two years, maybe five years, your portfolio could suffer a lot,” said Bernstein. “The side of that see-saw you want to be on is the kind of pro-inflation side which most people are not investing in.” Bernstein predicts inflation will catch many investors by surprise, but at some point he expects the tide to turn. “In six months or 12 months or 18 months, growth investors are going to be buying energy and materials and industrials because that’s where the growth is going to be,” Bernstein said   submitted by   /u/SavannahSmiles_ [link]   [comments]
    [visit article]
  37. How to invest, make money with Bitcoin, Ethereum, other cryptos amid volatility and other challenges (20/05/2021 - Financial Express)
    Despite the extreme volatility intrinsic to their nature, regulatory barriers, scams, questions raised by fund managers globally over their future as an asset class, and other factors, the interest cryptocurrencies have continued to garner globally is almost unparalleled.
    [visit article]
  38. The Tell: Tech stocks that soared during pandemic are far from played out, says $9.5 billion fund manager (09/06/2021 - Market Watch)
    The world is in the 'early days of tech infusing itself in every industry, much deeper,' says Jonathan Curtis, portfolio manager at Franklin Equity Group.
    [visit article]
  39. : Bitcoin extortion: How cryptocurrency has enabled a massive surge in ransomware attacks (14/05/2021 - Market Watch)
    The Colonial Pipeline episode is likely to bring even greater interest in the regulation of bitcoin and other cryptocurrencies as law enforcement seeks to track down the perpetrators, and policymakers hope to prevent similar attacks from happening again.
    [visit article]
  40. Ethereum, altcoins risk more downside than Bitcoin if BTC losses $30K, warns analyst (27/06/2021 - Investing.com)

    [visit article]
  41. Ray Dalio warns on bonds and the dollar, while Howard Marks warms further to Bitcoin (16/03/2021 - Seeking Alpha)

    [visit article]
  42. Bill Gates warns Bitcoin buyers: If you have less money than Elon Musk — watch out (23/02/2021 - Investing.com)

    [visit article]
  43. Star stockpicker Cathie Wood remains bullish on bitcoin, warns on banks (04/03/2021 - Investing.com)

    [visit article]
  44. MUTUAL FUNDS: Investing in NFO? 4 key factors you need to know (02/06/2021 - Financial Express)
    Check the new mutual fund scheme’s investment thesis, asset allocation strategy, stock selection rationale and the track record of the fund house and the fund manager before investing in it
    [visit article]
  45. CEO of a top bitcoin exchange warns a crackdown on cryptocurrencies may be coming (12/04/2021 - Reddit Stock Market)
      submitted by   /u/MBlaizze [link]   [comments]
    [visit article]
  46. : You can beat stock market indexes — this fund manager has, and this is how she and her team did it (28/07/2021 - Market Watch)
    Five key lessons on outperformance from Prabha Ram at the American Century Focused Dynamic Growth Fund.
    [visit article]
  47. After Morgan Stanley, JPMorgan prepares to offer rich clients access to bitcoin fund (26/04/2021 - Financial Express)
    The move would also signal a shift in the company's outlook towards cryptocurrencies as its CEO Jamie Dimon had reportedly called bitcoin a dangerous fraud in 2017 and had also threatened to fire employees who traded bitcoin.
    [visit article]
  48. Bitcoin down to 37K after China warns of crypto risks... buckle up folks (19/05/2021 - Reddit Stock Market)
      submitted by   /u/Halt_Heimdall_Here [link]   [comments]
    [visit article]
  49. Fund of Funds: An effective diversification tool (30/06/2021 - Financial Express)
    If you are an investor with limited know-how of various asset classes and their functioning, investing in a FOF that meets your investment requirement can be a practical starting point.
    [visit article]

For more information mailto [email protected]. Disclaimer.