Financial Theorist William Bernstein: Bitcoin is Not a Bubble, but Remains ‘Suspicious’

Financial theorist and neurologist William Bernstein doesn’t believe that bitcoin fits the classic idea of a bubble; however, he claims he won’t be ‘wasting his time’ on it. The former American neurologist turned to writing about investing during the 1990s. A few of his popular bestsellers include The Intelligent Asset Allocator, The Four Pillars of Investing: Lessons for Building a Winning Portfolio, and Rational Expectations: Asset Allocation for Investing Adults.