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‘Nobody’s Going to Make Money’ on Pot Stocks: Hedge Funder Jeff Vinik

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Renowned hedge fund manager Jeffrey Vinik has dismissed the pot stock craze, describing cannabis investment as overrated and likely to suffer from squeezed margins. Speaking on CNBC’s Squawk Box on January 10, Vinik also revealed that bitcoin currently accounts for “zero percent” of his investment portfolio. Returning to the hedge fund scene after a five-year hiatus, the

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* First published on ccn.com

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