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Massive Hedge Fund CEO "Ready To Add Bitcoin To Investment Universe"

Massive Hedge Fund CEO "Ready To Add Bitcoin To Investment Universe"

Just yesterday we noted that billionaire hedge fund legend Mike Novogratz said "the institutionalization of [the crypto space] is coming... and it's coming quick."

Novogratz said he expects major financial firms will soon start to offer bitcoin or similar products as an investment option, one that could be easily purchased over the phone.

“When it’s that easy, the price of bitcoin or ethereum is going to go much higher. And that is a lot closer than people think,”

Buffett Adds Another 3.9 Million Apple Shares, Cuts IBM, Wells Fargo Holdings: Full Q3 Holdings

Buffett Adds Another 3.9 Million Apple Shares, Cuts IBM, Wells Fargo Holdings: Full Q3 Holdings

Traditionally one of the most boring, and telegraphed 13-Fs, today's update of Berkshire holdings did not contain any major surprises, well maybe with one exception: while it was already well-known that at the end of June Buffett converted roughly 700 million Bank of America preferred shares into common, which now appear on Berkshire's 13F, there were two notable changes.

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