Cryptocurrencies like bitcoin can make an attractive investment for many people on Wall Street. But famed financial analyst Gary Shilling, president of A. Gary Shilling & Company says that this emerging currency is too opaque and complicated for him to invest.
Gary Shilling: It’s a black box and I’m not a believer in black boxes. I’m just very suspicious of things that are not transparent. If I can’t understand it, I don’t want to invest in it.
Eulogy made by Gary Shilling