(CNBC) Hedge fund manager David Einhorn thinks the current market environment for cult stocks is similar to the dotcom bubble.”Investors remain hypnotized by Tesla’s CEO … The enthusiasm for Tesla and other bubble basket stocks is reminiscent of the March 2000 dotcom bubble,” Einhorn said on the Greenlight Capital Re first-quarter conference call Wednesday, according to a FactSet transcript. “While we don’t know exactly when the bubble pop, it eventually will,” he added.
edge Fund Manager David Einhorn Says Tesla is ‘Reminiscent of the March 2000 Dotcom Bubble’
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