Billionaire Paul Tudor-Jones is talking about bitcoin again. One of the all-time great investors, Tudor-Jones believes BTC is comparable to tech stocks in the 90s. Unfortunately, even the original cryptocurrency can’t be all things to all men. Hedge fund billionaire Paul Tudor-Jones believes Bitcoin may take up a position as the gold standard of crypto. […]
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A billionaire investor recently said that Warren Buffett’s lack of action during the market crash was due to his advanced age. Many people criticized Buffet for not investing Berkshire’s $137 billion cash pile. Buffett hasn’t made big stock purchases because the market is too expensive. Warren Buffett, one of the most successful investors of all […]
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Billionaire trader Bill Ackman revealed that Pershing Square sold its entire stake in Warren Buffett’s Berkshire Hathaway. Buffett has had a terrible year, and Ackman’s move is yet another sign that the veteran tycoon may be well past his best. Berkshire Hathaway has underperformed the stock market by a comfortable margin, and Buffett’s last three […]
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Billionaire Mike Bloomberg’s disastrous Super Tuesday results were all the more embarrassing because he spent a fortune on advertising. The former New York mayor failed to recover from allegations of sexual harassment. President Trump mocked Bloomberg as the “biggest loser” of Super Tuesday. When Mike Bloomberg made the decision late last year to run for […]
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Warren Buffett backed fellow billionaire Mike Bloomberg over Bernie Sanders for the Democratic nomination. One Wall Street giant supporting another is just one example of how out of touch Buffett is with real America. Ray Dalio warned Wall Street that Fed policy was creating social divisions more than five years ago. Warren Buffett’s financial life […]
Continue ReadingBillionaire Mike Bloomberg will sell his media company if elected president in 2020 in what could be an ideal investment for Warren Buffett. The post Bloomberg L.P. Has the Perfect Buyer in Monopoly-Loving Warren Buffett appeared first on CCN.com
Continue ReadingBillionaire hedge fund manager Mike Novogratz says earning $32,000 annually puts you in the 1%. That’s wildly false. The post Ex Goldman Billionaire’s Global Wealth Statistic Shouldn’t Fool You appeared first on CCN.com
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Billionaire bitcoin skeptic Ray Dalio was trolled on Twitter after gushing how much he enjoyed this year’s Burning Man festival. | Source: (i) Reuters/ Brian Snyder (ii) Ray Dalio Twitter Account; Edited by CCN Ray Dalio, a billionaire investing guru and noted bitcoin skeptic, was teased for “ruining” Burning Man. Dalio is the founder of […]
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UK billionaire Alan Howard’s Elwood is reportedly making major investments in crypto hedge funds. | Source: Shutterstock A new crypto venture is on the horizon, boasting a $1 billion treasury and a mentor that Forbes in 2013 listed as “one of the 40 highest-earning hedge fund managers.” The unnamed platform is a part of Elwood […]
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Billionaire Tim Draper says the far-reaching impact of bitcoin “magic” will dwarf the sprawling influence that even the internet has had. | Source: REUTERS / Danny Moloshok (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Tech billionaire Tim Draper says the far-reaching impact of bitcoin “magic” will dwarf the sprawling influence that even […]
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