Here’s a crypto-meets-transportation story for you before we move onto the rest of the news.
Just weeks after Tesla CEO Elon Musk and CFO Zach Kirkhorn said they believe in the longevity of bitcoin, the company has changed its stance. Musk, who has dubbed himself Technoking, tweeted that Tesla has suspended purchases of its electric vehicles with the cryptocurrency because of its concern about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal.
The tweet from Musk sent the price of bitcoin down. Ah, but wait, the crazy hijinks were just getting started. Musk’s tweet was clear that while bitcoin was out, other cryptocurrencies were in. “We are also looking at other cryptocurrencies that use
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Snow Capital Small Cap Value Top Picks for 2021 from Portfolio Manager Joshua Schachter
December 23, 2020
Joshua R. Schachter, CFA, is a Senior Portfolio Manager of the Snow Capital Small Cap Value and the All Cap Value portfolios. He joined Snow Capital at the firm’s inception in 2001. Mr. Schachter’s duties include security research, selection and portfolio management.
In this 2,165 word interview, Mr. Schachter details the stock picking process at Snow Capital and highlights many top stock recommendations for 2021.
“Our investment philosophy is extremely unique. We believe there’s a behavioral finance component to investing that most people either fail to recognize or fail to incorporate into their investment process.