Billionaire Paul Tudor Jones: Plans to hold Crypto Assets, gold, and Nasdaq tech stocks by the end of the year.

On October 6, billionaire hedge fund manager Paul Tudor Jones believes that market conditions are in place for a strong rise in the US stock market, followed by a peak in the bull run. Jones stated, "My guess is that I think all the factors for a 'big bang' rise are in place." He said, "History is always remarkably similar, so I think some version of this situation will happen again. If there is any difference, it is that now has more potential for explosion than in 1999." He believes there is still room for rise before the bull run enters its final stage. He said, "We need a speculative frenzy to push these prices higher. This requires more retail investors to buy, and more participation from various long and short hedge funds and physical capital." He indicated that to take advantage of the rise driven by the fear of missing out (FOMO) sentiment, he plans to hold a combination of gold, crypto assets, and Nasdaq tech stocks between now and the end of this year. (Jin10)