Why Whitney Tilson Is More Bearish Now

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Whitney Tilson’s email to investorsdiscussing Bank some profits… Or don’t do anything; Podcast with Bill Ackman.Q1 2020 hedge fund letters, conferences and more1) Following up on yesterday’s e-mail, in which I explained why I’ve become more cautious on stocks over the balance of this year, I want to be clear about a few things…First, I wasn’t recommending selling everything and running to the hills with canned goods, guns, and gold. Far from it. I simply think that, with the S&P 500Index now up more than 34% since its lows only 50 days ago, it’s prudent to bank some profits and generate some…

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