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Einhorn Warns Of New Tech Bubble

David Einhorn, the influential hedge fund manager, thinks we’re witnessing another tech bubble. Yet, describing today’s as an “echo of the previous tech bubble,” Einhorn writes in a new letter to investors that there are currently “fewer large capitalization stocks and much less public enthusiasm” this time around. “This means that the current bubble, such as it is, is smaller, and when it does deflate … there will be less carnage -- blood, red ink, or otherwise,” TechCrunch notes.

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