Billionaire investor Jeffrey Gundlach said another drop in the bitcoin price could be a buying opportunity for some - but it's too volatile for him.
The latest additions build on Palihapitiya's roster of 6 special-purpose acquisition companies already raised, yielding more than $1 billion.
"Have you even looked at the prospectus? Did you even f---ing Google me before you came in here?" Chamath said to an older gentleman.
Icahn, who three years ago called bitcoin and other similar assets "ridiculous," has changed his tune on cryptocurrencies.
Marks said the people who bought bitcoin when it was trading at just $5,000 so far seem to have made the right decisions.
Mark Cuban’s 11-year-old-son made money trading with the WallStreetBets forum, the billionaire said. The subreddit went private for an hour on Wednesday after a deluge of new participants joined the group. The SEC said it is monitoring ongoing market volatility amid a surge in GameStop and other stocks. Sign up […]
Investing legend Bill Gross said there is “little money to be made almost anywhere in the world” in his most recent investment outlook note. The famed bond and fixed-income investor said that much, if not all of the US fiscal stimulus is over. Investors should play defence by looking to […]
Stanley Druckenmiller told CNBC on Wednesday that the stock market is in a “raging mania” fuelled by the Federal Reserve. The billionaire investor said that the Fed did a “great job in March” but that the recent market rally has been “excessive.” “Look, everybody loves a party … but inevitably […]