Smart Money in Silicon Valley Dumped Bitcoin on Retail Investors
Jonathan Tepper · Jonathan Tepper - Variant Perception of Capitalism (Capital Allocators, EP.110) · Oct 7, 2019 · at 52:56
Macro researcher Jonathan Tepper discusses the dynamics of cryptocurrency investing.
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“Bitcoin, I think it's a pretty bad investment. All the smart people I know in Silicon Valley who made loads and loads of money bought early and sold early. And, you know, it was all the sort of dumb retail people who piled in late.”
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