George Noble, who ran the number one mutual fund in America at Fidelity Investments in 1985 returning 79%, went on Steve Eisman’s Real Eisman Playbook podcast and didn’t hold back.
Noble is bearish on Tesla (NASDAQ:TSLA) and Bitcoin (CRYPTO: BTC), while Eisman disclosed he is short Strategy (NASDAQ:MSTR).
Noble also laid out a case for a massive rotation out of tech and into energy.
Saylor And Bitcoin
Noble called Michael Saylor a “carnival barker” and said he “should be in jail,” referencing Saylor’s prior settlement over accounting irregularities.
Eisman then disclosed he is short Strategy stock. The company has cratered from a 52-week high above $457 to around $124 after posting a Q4 net loss of $12.4 billion.
Polymarket prices the chance that Strategy has to sell any Bitcoin this year at 14%.
On Bitcoin itself, Noble called it “the Facebook of speculative assets” and said it’s now “for boomers.”
With FanDuel, zero-DTE options, and prediction markets offering faster action, he argued younger speculators have moved on.
Bitcoin is down roughly 50% from …