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Venture capitalist Roger McNamee: Resist the urge to buy falling tech stocks

Chloe Aiello

Uncertainty around rates, fiscal policy, trade, and the midterms mean it's a good time to be defensive, the Elevation Partners co-founder says. Especially going into the elections, McNamee says he feels more comfortable with shorts, or bets that equities will fall. Uncertainty around interest rates, fiscal policy, trade, and next month's midterm elections mean it's a good time for investors to be defensive, Elevation Partners co-founder Roger McNamee told CNBC on Thursday.