In finance circles, Tom Lee has constructed a popularity for bullish, audacious and arguably fantastical bets—the S&P 500 index more than doubling by 2030 or Bitcoin reaching $3 million (versus roughly $90,000 at present) throughout that very same stretch. However when it comes time for us to make our method from his Midtown Manhattan workplace to the New York Inventory Trade, on the island’s southernmost tip, Lee is undeniably a realist. At this late-afternoon hour, he is aware of a brisk 10-block stroll to the specific practice is a a lot better wager than the employed automobile his chief advertising officer has steered we hail. “The practice’s all the time quicker,” Lee says.
It’s a cold November day, and Lee—sporting his trademark darkish go well with, black-rimmed glasses and famously voluminous hair—has simply wrapped up a jam-packed day of conferences at his analysis agency, Fundstrat Global Advisors LLC, together with a decent 50 minutes with me. His workplace is flanked by a quartet of 6-foot digicam lights for his frequent appearances as a contributor on CNBC, however I’m extra stunned by a unique furnishing: Tucked right into a nook is a small mattress, added 4 years in the past as a refuge after long-haul flights.
