Dogecoin price dropping: is it a question of credibility?

By Britt Erica Tunick Dogecoin may have started out as a joke but, with the cryptocurrency’s collective value having climbed as high as $54 billion earlier this week, it is no laughing matter for investors. Nonetheless, investors may want to think twice before diving too deeply into the wildly popular crypto token. Created in 2013…

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Billionaire investor Mike Novogratz says the record-breaking rally in crypto shows a lack of faith in the Fed – and cites central-bank uncertainty as a reason for bitcoin’s latest surge

By Carla Mozée,Bradley Saacks Billionaire investor Mike Novogratz said Thursday that bitcoin is serving as a “report card” on the performance of the Fed and other global financial bodies. Bitcoin’s surge has been fueled by “mass adoption” and people being “scared s—less because of monetary and fiscal policy,” he said. The Galaxy Digital CEO suggested…

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Where Glenview Founder Larry Robbins Is Bullish on Covid-19 Vaccine Optimism

Glenview Capital Management founder Larry Robbins is upbeat about the development of Covid-19 vaccines, making him optimistic about some sectors but still wary of others. “For the first time in this battle, in the last several weeks there’s been real light at the end of the tunnel,” Robbins said Thursday at the New York Alternative…

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Mastering the Art of Public Speaking

Author and executive leadership coach Michael J. Gelb, who recently discussed his book “How to Think Like Leonardo da Vinci: Seven Steps to Genius Every Day” with the Roundtable, has published a new book called “Mastering the Art of Public Speaking.” Following is an excerpt from the introduction to Mastering the Art of Public Speaking: Do…

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Dudley: The Fed’s Done All It Can Do, Recovery Depends On Stimulus

The Federal Reserve (Fed) has done almost all it can do to help the economy and now its recovery will rely on fiscal stimulus, said William Dudley, former president of the Federal Reserve Bank of New York in a recent online event. “The fiscal issue is really the center stage at this point,” said Dudley,…

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Billionaire Avenue Capital founder Marc Lasry says the decision to pay hundreds of millions to buy the Milwaukee Bucks 6 years ago was ‘the best investment I’ve ever made’

Billionaire Marc Lasry said he thought he was going to be a professional basketball player when he was a kid. While he played in college for one season at Clark University in Massachusetts, the founder of Avenue Capital ended up going to law school and then making billions of dollars as an investor. But he…

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Hedge Fund Manager Leon Cooperman Calls Private Equity A Scam

Legendary hedge-fund manager Leon Cooperman wasn’t pulling any punches as he sat for an interview in front of about 100 members of the hedge fund industry. First he lambasted the Securities and Exchange Commission (SEC), calling it abusive and mean. Then someone asked what he thought of private equity. “I think private equity is a…

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Leon Cooperman Warns Private Equity Is Risky Bet Fueled by Low Interest Rates

Legendary hedge fund manager Leon Cooperman took a shot at the private equity industry, saying low interest rates that have fueled its returns won’t last. “I think it’s a scam personally,” Cooperman said Wednesday at an event hosted by the New York Alternative Investment Roundtable. Cooperman said declining rates are the main reason that leveraged…

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