Legendary hedge fund manager Paul Tudor Jones reinforced his bullish viewpoint on alternative investments and stressed that Bitcoin, gold, and commodities are indispensable tools in the fight against inflation. Speaking on CNBC’s Squawk Box this Tuesday, the billionaire investor painted a picture of an economic landscape where inflation seems ever more inevitable.
“I think all roads lead to inflation,” Tudor Jones said during the broadcast, in which he disclosed his big positions across asset classes. The veteran investor was particularly passionate about the prospects for commodities markets, which he termed “ridiculously under-owned” and said he was heavily invested in.
Tudor Jones offered a far more diplomatic view on how investment strategies diverge across generational lines and suggested that Nasdaq holdings have become the favored hedge for younger investors. He instead suggested a mixed strategy, where an investor is better off having gold, Bitcoin, commodities, and Nasdaq in their portfolio while maintaining limited exposure to fixed-income instruments.
Using Japan as comparison in monetary policy, Tudor Jones showed how inflation could be the exit strategy from current financial straits. Japan, holding onto 2% inflation with 30 basis points overnight, shows reluctance to raise rates, he observed, implying that inflating the economy could be a viable exit strategy from present financial constraints.