Ken Fisher Answers: What are your thoughts on cryptocurrencies and bitcoin?

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"Ken Fisher, Founder, Executive Chairman and Co-Chief Investment Officer of Fisher Investments, discusses his thoughts on cryptocurrencies such as bitcoin.

Fisher gives examples of smart people doing stupid things in the back half of bull markets such that investors shouldn't be swayed by the crypto investments of other famous investors. Rather, the key should be how much of the purchases are due to speculation and how much is due to the real usage of cypto in the world."
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