Billionaire investor and DoubleLine Capital CEO Jeffrey Gundlach has voiced skepticism about the crypto industry’s credibility and stability.
What Happened: In an interview on CNBC on Sep.19, Gundlach compared crypto strategies to past financial products like Portable Alpha and 130/30 strategies, noting that such trends appear every few years and he personally avoids them.
“I am not a crypto person at all,” he said, highlighting that Bitcoin (CRYPTO: BTC) has underperformed gold this year …