Empire Financial Research Founder & CEO Whitney Tilson joins Yahoo Finance’s the Final Round to discuss his view on the markets, where he’s finding opportunities right now, and why he’s now long on Lumber Liquidators.
Gerald: I have no interest in a new war in the Middle East. But since we've already committed to defending Saudi Arabia against Iranian attacks by supplying air defense troops and batteries lets bring some of our European and Asian allies into the effort. France, Japan, Germany and others are more reliant on Saudi oil than we are. As I understand it the US imports 4% of its crude oil from Saudi Arabia. Perhaps we should supply 4% of the protection effort.