GUNDLACH ON BITCOIN: ‘I’m going to let this mania go on without me’

September 16, 2017
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Just about everyone has questions about bitcoin these days, including Jeffrey Gundlach’s 86-year-old mom.

Gundlach, DoubleLine Capital’s founder, said she texted with a link to a story urging readers to buy bitcoin. She wanted to know whether she should get in the game.

But the cryptocurrency is not something that Gundlach himself is ready to participate in.

“I’m going to let this mania go on without me,” Gundlach said during a webcast with clients on Tuesday. He did devote the first slide in his section on Fed policy to a bitcoin price chart.

“I philosophically don’t believe it’s …read more

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