Tilson is concerned that Tether, the world's largest stablecoin, is a "fraud" and running out of money.

Whitney Tilson, chief executive officer at Empire Financial Research, says he's concerned that Tether, the world's largest stablecoin, is a "fraud" and running out of money. He worries that if Tether crashes "the entire crypto sector goes with it ... and you don't want to invest in a sector where there's a 50-50 chance you'll lose half your money in a matter of days." Tilson talks extensively about what he does trust and is buying in current market conditions, noting that he is maintaining a balance between value stocks trading below their intrinsic value and companies with superior long-term growth characteristics. Also on the show, Bryan Armour, director of passive strategies research at Morningstar, discusses the firm's new survey on mutual fund fees, showing that consumers saved billions of dollars last year by investing in low-cost funds, bringing down the average expense ratio being paid even further, down to roughly 0.4 percent. And in the Market Call, Mike Larson, senior analyst at Weiss Ratings and editor of Weiss's Safe Money Report talks about safe stocks in today's topsy-turvy conditions.