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Bitcoin Will 'Easily' Trade At $40,000 By The End Of 2018, Fund Manager Says
Tuesday, November 28, 2017 - 3:26pm | 446The price of bitcoin continues to flirt with the $10,000 mark, but this may be prove to be a small fraction of its true value by the end of next year, according to one expert. The Expert Michael Novogratz, a hedge fund manager with Galaxy Digital Assets, which invests in cryptocurrency-related...
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What These Pundits Said Will Make You Want To Hoard Cash
Tuesday, June 23, 2015 - 12:13pm | 668It is official. We are all just screwed. Janet Yellen told us that stocks are overvalued and potentially dangerous. Warren Buffett said that if interest rates go higher we will find that current stock valuations are high. Of course interest rates have moved higher all over the world as bonds have...
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Lessons In Macro Investing From Michael Novogratz
Monday, May 18, 2015 - 1:32pm | 459If there is one hedge fund strategy that has never gone out of fashion, it is macro investing. In the Fortress Investment Group LLC (NYSE: FIG) President and Director Michael Novogratz was on Wall Street Week Sunday to discuss his perspective on macro investing and what it takes to be a...
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Wrestling Hits Back Hard Into The Olympics
Monday, September 9, 2013 - 12:34pm | 442Michael Novogratz, president of Fortress Investment Group (NYSE: FIG), Princeton University wrestling team alumni and spokesman for the Committee for Preservation of Olympic Wrestling, appeared on CNBC's Squawk Box Monday morning to comment on the International Olympic Committee's choice to bring...
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Fortress' Michael Novogratz: "I Bet January Returns Were Great For Most Hedge Funds"
Thursday, February 2, 2012 - 3:16pm | 1048Bloomberg TV Exclusive: Fortress fund manager Michael Novogratz talked about his fund's investment strategy with Bloomberg TVs Erik Schatzker and Stephanie Ruhle. Novogratz talked about improving investing conditions for 2012, and said that "I bet January returns were great for most hedge funds...
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Michael Novogratz Says He’s Getting Short Commodities
Wednesday, May 19, 2010 - 11:52am | 231Michael Novogratz, Principal over at Fortress Investments (NYSE: FIG), a publicly traded hedge fund, was just interviewed by David Faber on CNBC. He expressed skepticism in the recent market run and suggested that they are slowly rotating their book toward the short side, especially in commodities...
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Fortress' Michael Novogratz Appears On CNBC (FIG)
Wednesday, May 19, 2010 - 11:31am | 113Fortress Investment Group (NYSE: FIG) hedge fund manager, Michael Novogratz appeared on CNBC this morning to talk with David Faber. Novogratz said that he is short commodities and short the Australian Dollar. He also said that over time uncertainty in the capital markets will impact growth around...