Want to create an interactive transcript for this episode?
Podcast: Money Life with Chuck Jaffe
Episode: Tilson is concerned that Tether, the world's largest stablecoin, is a "fraud" and running out of money.
Description: Whitney Tilson, chief executive officer at Empire Financial Research, says he's concerned that Tether, the world's largest stablecoin, is a "fraud" and running out of money. He worries that if Tether crashes "the entire crypto sector goes with it ... and you don't want to invest in a sector where there's a 50-50 chance you'll lose half your money in a matter of days." Tilson talks extensively about what he does trust and is buying in current market conditions, noting that he is maintaining a balance between value stocks trading below their intrinsic value and companies with superior long-term growth...