Institutional capitalist hall of famer made Leonard Bernstein may be a market bull whose playbook excludes a number of Wall Street’s preferred teams.

He blames a risky see-saw dynamic enjoying move into the marketplace.

“On one facet, we've all that i'd decision the bubble assets: technical school, innovation disruption, cryptocurrencies,” the Richard Leonard Bernstein Advisors chief executive officer and federation told CNBC’s “Trading Nation” on Friday. “On the opposite facet of this see-saw, you have got virtually everything else within the world. i believe if you’re observing 2022 into 2023, you would like to be within the everything else within the world facet of that see-saw.”