Jonathan & Michael are joined by famed bear investor, David Tice. David Tice is well known for founding and managing the Prudent Bear Fund (BEARX) from 1996-2008. For the ten years ended 12/08 when Tice sold the fund, BEARX increased in value at a 7.97% annualized rate, while the S&P 500 lost 1.38% annually. The conversation spans:
- general bear market sentiment around Covid-19
- currency market
- digital assets & digital central bank currencies
- opportunities for investors in a trashed out bear market
- gold (you get the point).
About David Tice
Aside from his pioneering work with BEARX, David is also known for sponsoring the Credit Bubble & Its Aftermath on September 21, 1999 at the Waldorf Astoria Hotel, that was covered by the WSJ’s front page the next morning. David’s “Behind the Numbers” research report on Tyco International prompted investor and regulator scrutiny that eventually caused the company to lose tens of billions in market capitalization.