Author: The Wealth Training Company

Leon Cooperman “The Cannabis King”

Leon Cooperman, “The Cannabis King” has been pictured and pined in the New York Post with probably the least expected title for the 75-year-old legendary Wall Street trader but it is all kosher. So just how did Leon Cooperman, “The Cannabis King”, the grandad of Wall Street traders end up with such a headline and his picture next to it. The billionaire hedge fund manager with a personal net worth of US $3 billion recently (October, 16) confirmed on a business network how he invested his personal money in pot stocks. “Leon Cooperman has invested $1.1 billion in CannTrust...

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Chris Rokos takes on the heavyweights

Billionaire macro investor Chris Rokos takes on the heavyweights Chris Rokos’s investment firm, Rokos now manages more money than Brevan Howard Asset Management for the first time as clients continue to quit billionaire Alan Howard’s hedge fund company. “Chris Rokos takes on the heavyweights Chris Rokos’s investment firm, Rokos now manages more money than Brevan Howard Asset Management for the first time ”   Chris Rokos takes on the heavyweights hedge funds is a recent story It wasn’t so long ago that the macro investor was working for Brevan Howard as a trader. During Chris Rokos stint at Brevan...

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Crispin Odey’s bearish wagers

Struggling high street banks have recently been added to the list of Crispin Odey ‘s bearish wagers. In a letter to investors Crispin Odey, the London-based billionaire hedge fund manager and the founding partner of Odey Asset Management who made his fortune shorting banking shares during the 2008 financial crisis and now he is at it again. “serial lagging sector, luring every year value investors to their deaths” CRISPIN ODEY (describing banking) Crispin Odey is taking a very bearish outlook on banking Crispin Odey is known to be somewhat of a colorful character in the hedge fund world. But...

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Mike Novogratz’s future Bitcoin rally

Mike Novogratz’s future Bitcoin rally view was recently aired on the business network Bloomberg, October 15, 2018. Michael Novogratz, known as the king of cryptocurrencies, believes that a wave of institutional buying in Bitcoin, perhaps in the first half of 2019, is going to propel Bitcoin to new highs. “…I think Q1 [or] Q2 [2019] if the institutions start coming in, we’ll put in new highs” he told the network. “…I think Q1 [or] Q2 [2019] if the institutions start coming in, we’ll put in new highs” MICHAEL NOVOGRATZ Mike Novogratz’s future Bitcoin rally view should not come as...

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Peter Schiff’s worst bear market ever

Peter Schiff’s worse bear market ever forecast, if accurate would make BTFD play a losing trading/investing strategy. Peter Schiff is arguing that investors should fear this recent correction and rotate their portfolio towards risk-off assets (precious metals, prime sovereign bonds and hard assets not tied to credit). Peter Schiff believes that risk-off assets are more likely to preserve what he believes will be the mother of all bear markets. “Peter Schiff believes that risk-off assets are more likely to preserve what he believes will be the mother of all bear markets”   The crux of Peter Schiff’s worse bear...

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