I start today’s show with a look at hedge fund manager David Tepper, who’s like Warren Buffett to me. I explain why I have a lot of respect for him… how he helped change my investment process back in 2011… and why I agree with him that most investors will get wrecked in 2023.
That’s why I’ve discounted our Moneyflow Trader newsletter by 90%: to give everyone the chance to make a fortune as markets move lower.
Next, Daniel and I discuss Sam Bankman-Fried’s extradition to the U.S… and how two of his business partners have turned on him and are cooperating with law enforcement. I highlight what shocked me most from the FTX debacle… and how much prison time SBF & Co. are facing.
While painful, the FTX collapse is good for crypto over the long term. I break down why I expect institutional money to pour into the space in 2023… and why Bitcoin and Ethereum will remain the crypto leaders for the foreseeable future.