BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Billionaire investor Howard Marks’ son owns ‘a meaningful amount’ of bitcoin for family

Billionaire investor Howard Marks has said that his son Andrew owns "a meaningful amount" of bitcoin for the family.
Revealing the news in the latest client memo published Monday, Marks said despite Andrew's bitcoin investment, his skeptical view on crypto has not changed yet.
"The natural state for the value investor is one of skepticism," said Marks, co-founder, and co-chairman of Oaktree Capital Management. "Our default reaction is to be deeply dubious when we hear 'this time it's different,' and we point to a history of speculative manias and financial innovations that left behind significant carnage. It's this skepticism that reduces the value investor's probability of losing money."
Marks, who manages client assets worth more than $140 billion , further said that he is not yet fully informed to form a firm view on cryptocurrencies and is striving to learn more about the space.
The value investor has previously called bitcoin "a pyramid scheme." He then, at the time, went on to compare cryptocurrencies to the Tulip mania of 1637, the South Sea bubble of 1720, and the internet bubble of 1999-2000. © 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Cool huh? Please read the full Article: Billionaire investor Howard Marks’ son owns ‘a meaningful amount’ of bitcoin for family


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News