Paul Tudor Jones: Bitcoin Is In First Inning, Like Investing In Apple Or Goog...
Earlier this year, billionaire hedge fund manager and philanthropist Paul Tudor Jones set off the institutional buying trend after he claimed Bitcoin would be the “fastest horse in the race against inflation.” After the crypto asset’s recent rally, Jones was invited to comment on the price action on CNBC. There, he says he likes Bitcoin […]
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American billionaire hedge fund manager Paul Tudor Jones has recently become more bullish on bitcoin. He declared the cryptocurrency the best hedge against inflation and compares investing in bitcoin now to investing in early tech stocks, like Apple and Google. “I think we are in the first inning of bitcoin and it’s got a long way to go,” he said. Paul Tudor Jones Increasingly Bullish on Bitcoin Paul Tudor Jones explained why he is more bullish on bitcoin now in an interview with CNBC Squawk Box on Thursday. Jones founded Tudor Investment Corp., an asset management firm....
In a recent interview with CNBC’s Squawk Box, legendary investor Paul Tudor Jones doubles down on his bullish stand for Bitcoin and crypto. Tudor Jones believes there are two main reasons why the digital asset sector could extend its gains. Related Reading | Why Paul Tudor Jones Made This Ominous Prophecy For Bitcoin The first reason […]
Legendary investor Paul Tudor Jones returned to CNBC’s Squawk Box stage to talk about inflation and his favorite hedge against it, Bitcoin. During his interview, Tudor Jones referred to inflation as “the number one issue facing investors” and financial markets. Related Reading | Why Paul Tudor Jones Could Invest 5% Of Its Portfolio In Bitcoin Unlike […]
Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management firm Tudor Investment Corp., talked about bitcoin being his preferred hedge against inflation in an interview with CNBC Wednesday. He said: Clearly, there’s a place for crypto. Clearly, it’s winning the race against gold at the moment … It would be my preferred one over gold at....
It scores highly among the possible options to counteract inflation. Famed Wall Street investor and billionaire Paul Tudor Jones said that he “likes Bitcoin even more than I did then,” referring to his initial investment announced in May 2020.Jones praised Bitcoin on CNBC’s Squawk Box morning show, revealing that he holds a “small single-digit investment” in the asset.His investment thesis remains unchanged — Bitcoin is an excellent hedge against inflation, which is expected to ramp up in the next few years due to central bank intervention. Unprecedented amounts of quantitative easing and....