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…
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…
Although the Biden Administration dismissed the idea of mandatory COVID-19 vaccine passports, New York Congressman Ritchie Torres is in favor of the Orwellian measure. Torres is a freshman Democratic Congressman representing the South Bronx of New York. “We should not act as if everyone has to be in a state of lockdown,” Torres told journalists…
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…
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…
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,…
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…
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…
I listened to Leon Cooperman’s talk at an event hosted by the New York Alternative Investment Roundtable. There were a few members of the media present at the event and they decided that the most interesting part of Cooperman’s talk was his comments regarding the private equity industry. “I think it’s a scam personally” Cooperman…
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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