Billionaire Investor Leon Cooperman: If You Don't Understand Bitcoin, You're Old
The 78-year-old investor shared opinions on Bitcoin even after admitting he doesn't understand it; BTC doesn't care, but he should.Billionaire investor Leon Cooperman told CNBC that older people do not understand Bitcoin, hence why he doesn't currently comprehend the characteristics and value proposition of the peer-to-peer monetary network."I say that if you don't understand bitcoin, it means you're old," he said on CNBC's Squawk Box on Thursday. "I'm 78. I'm old, I don't understand it."Yet, the Omega Advisors chairman proceeded to explain that he does have an opinion on....
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The Omega Advisors chairman and CEO said people should be careful about Bitcoin, and suggested gold as a better store of value. By his own admission, Lee Cooperman still does not understand Bitcoin, despite BTC being up more than 300% since early December 2017.Speaking to CNBC on Thursday, the billionaire investor alluded to people his age having a hard time understanding Bitcoin, adding:“I’d be very careful with Bitcoin; I don’t think it makes a great deal of sense and if you are nervous about the world gold to me would be a better place to store value.”Cooperman’s statements on Thursday....
American billionaire investor, and the vice-chairman of Warren Buffett’s Berkshire Hathaway, Charlie Munger, has once again lashed at the crypto community. Munger is known for his anti-crypto sentiments, and he never hesitates to let his stance known. A few years ago, the billionaire announced his disdain for Bitcoin, referring to it as a “turd,” and […]
Billionaire investor Seth Klarman says he cannot see the point of crypto. “I don’t think anybody needs to own it. It just seems to me that it could end up very much in tears,” he added.
Seth Klarman on Crypto Investing, Gold, and U.S. Dollar
American billionaire investor and hedge fund manager Seth Klarman shared his views on a variety of topics, including cryptocurrency, gold, and the U.S. dollar, in an interview with Harvard Business School, released this week.
Klarman is the chief executive and portfolio manager of the Baupost Group, a....
Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor said: “the greatest fortunes are made when people go against conventional wisdom.”
David Rubenstein Bullish on Crypto
Billionaire investor David Rubenstein, co-founder of the Carlyle Group, one of the largest investment firms, shared his cryptocurrency outlook in an interview with CNBC Thursday.
Responding to a question about whether he is bullish on....
An anonymous crypto investor and crypto enthusiast “Shibtoshi” who became a billionaire with Shiba Inu (SHIB) back in 2021, has revealed how he did it in an interview with Youtuber, Bad Anthony. Shiba Inu Investor On The Greatest Investment Of All Time In the interview with crypto Youtuber Bad Anthony, the crypto investor “Shitoshi” revealed […]