Rothschilds sells their trust service business is a big story which has flown under the mainstream radar. Rothschild & Co will sell its wealth planning and trust business to a senior executive in a management buyout (MBO), reported Private Banker dated October 25.
Read More
Ray Dalio‘s stock market reversal view suggests that 2019-2020 is likely to be a riskier and more dangerous period for investors. “There is no longer enough power in monetary easing to reverse it”, said Ray Dalio in a recent interview. Ray Dalio’s stock market reversal view and the challenges that it could pose for investors going forward was explained in the context of the short and long-term debt cycle. “There is no longer enough power in monetary easing to reverse it” RAY DALIO Ray Dalio’s stock market reversal view and the challenges that it could pose for investors going...
Read More
Is Mike Novogratz’s “all in” on crypto view a bit of a joke? It might not be funny for those investors who in some cases borrowed money in early 2018 to invest in cryptocurrencies. Year to date Bitcoin’s exchange value against the USD is down almost 80%. “Year to date Bitcoin’s exchange value against the USD is down almost 80%” Cryptocurrencies investors were monkey hammered in 2018 Mike Novogratz forecast “that Bitcoin price could fall to 8,000 USD, which is its long-term support level and then rally to 50,000 USD by the end of this year,” now looks...
Read More
News about Daniel Och insider selling a sizeable chunk of his stocks in Och-Ziff Capital Management Group LLC is on the radar, particularly in the hedge fund world. In 1994, Daniel Och founded Och-Ziff Capital Management Group with $100 million initial investment from the Ziff brothers. Daniel Och is a big fish in a big pond. In February 2014 Forbes listed Daniel Och as one of the 25 Highest-Earning hedge fund managers in 2013. The billionaire hedge fund investor has an estimated net worth $3.2 billion USD. “Daniel Och insider selling a sizeable chunk of his stocks in Och-Ziff...
Read More
Warren Buffett’s wealth advice, as the global stock market tanks around the world, could not come at a more timely moment. Warren Buffett’s wealth advice or tip for young people is to focus on learning how to write and speak clearly. “The one easy way to become worth 50 percent more than you are now — at least — is to hone your communication skills — both written and verbal” says Buffett in a recent video posted on LinkedIn. “The one easy way to become worth 50 percent more than you are now — at least — is to...
Read More
