Author: The Wealth Training Company

Jack Bogle – Investor Profile

Jack Bogle ( May 8, 1929, Verona, New Jersey, US). Net worth US$80 million (2012). Bogle is an American investor, a business magnate. He is the founder and retired chief executive of The Vanguard Group. Fortune magazine named Bogle as “one of the four investment giants of the twentieth century”. Bogle’s family, like so many during that era, was badly affected by the Great Depression. The Bogle’s lost their inheritance and had to sell their home. His father became an alcoholic and his parents soon divorced. Jack Bogle attended Manasquan High school on the New Jersey shore and his...

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Mike Novogratz the King of Cryptocurrency

Michael Novogratz, a former macro hedge fund manager at Fortress Investment Group, trader and ranked a billionaire by Forbes in 2007 and 2008 took to the media stage on Monday (November 27) to say that Bitcoin could ‘easily’ reach $40,000 by the end of 2018. In the age of cryptomania Michael Novogratz (nickname King of Cryptocurrency) is grabbing the media limelight with his hugely bullish forecast for Cryptocurrency, particularly Bitcoin. Novogratz made his claim that Bitcoin could ‘easily’ reach $40,000 by the end of 2018 on CNBC’s “Fast Money”. Novogratz could not have appeared on a more appropriate show...

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Michael Novogratz – Investor Profile

Michael Novogratz (November 26, 1964, Alexandria, Virginia, US) is a former hedge fund manager, trader. Novogratz was raised in Virginia. His father was a West Point football lineman and 1958 Knute Rockne Award (best lineman) winner Robert, Sr. He attended Fort Hunt High School. Michael Novogratz excelled in athletics. He qualified for the National Collegiate Athletic Association (NCAA) wrestling championships in both 1986 and 1987 (both at 150-pounds (68.0 kg). Novogratz earned his A.B. in economics. He then served in the New Jersey National Guard as a helicopter pilot. Michael Novogratz began his career with Goldman Sachs in 1989...

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What Is Warren Buffett’s Latest Purchase

Warren Buffett, business magnate, value investor (personal net worth 78.8 billion USD as of October 2017) and chairman, CEO of Berkshire Hathaway. Buffett’s nickname is the Oracle. He is considered by many to be an investor genius, a wizard and at age 87 he continues to do deals and talks to the media. What’s Buffett’s latest purchase? Buffett’s Berkshire Hathaway has agreed to purchase a stake in Pilot Travel Centers, the owners of the Pilot Flying J chain of truck stops. “Pilot Flying J is built on a long-standing tradition of excellence and an unrivaled commitment to serving North...

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Ray Dalio the Hedge Fund King

Ray Dalio, Chairman and Chief Investment Officer at Bridgewater Associates (the world’s largest hedge fund with $122 billion of assets currently under management), also known as the hedge fund king has taken to LinkedIn to shed some light on the biggest economic and social-political issues of our time. Here is Ray Dalio’s LinkedIn post published on October 23, 2017, entitled Our Biggest Economic, Social, And Political Issue. The crux of Dalio’s piece is that a widening wealth gap and income inequality have contributed to a two-tier economy which is also causing social and political challenges. But is Dalio shedding...

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