Category: Billionaire

Billionaire Founder of World’s Largest Hedge Fund Warns of ‘Scary, Very Risky’ Economy
, ,

Billionaire Founder of World’s Largest Hedge Fund Warns of ‘Scary, Very Risky’ Economy

Ray Dalio is the founder and co-chair of Bridgewater Associates, the world’s largest hedge fund. Dalio is bullish on gold, predicting the metal to be a major investment asset ahead of a ‘paradigm shift’ within global markets. The Wall Street mogul has made over $50 billion for his clients. Ray Dalio warned of a “scary…

Read More
Would Elon Musk Pass Billionaire Warren Buffett’s Legendary CEO Test?
, ,

Would Elon Musk Pass Billionaire Warren Buffett’s Legendary CEO Test?

One of Billionaire Warren Buffett’s most legendary investment tests has been dragged into the light from an old 1989 Berkshire Hathaway letter to shareholders. Would mercurial Tesla CEO Elon Musk get a passing grade from Buffett? Probably not. Warren Buffett Uses The “Institutional Imperative” to Judge CEO’s Elon Musk is an undeniably brilliant individual. Take…

Read More
Billionaire Ken Fisher’s Sexist Remarks Costs Firm 1.6 Billion…And It’ll Get Worse
, ,

Billionaire Ken Fisher’s Sexist Remarks Costs Firm 1.6 Billion…And It’ll Get Worse

The financial hit that billionaire money manager Ken Fisher is taking after making sexist remarks at an industry event is growing by leaps and bounds. Currently, Fisher Investments is on track to lose over $1.5 billion in client investments. Already, three clients have already divested amounts totaling nearly $1 billion. This includes the state of…

Read More
Billionaire Howard Marks Reveals When You Need to Fear a Recession – CCN.com
, ,

Billionaire Howard Marks Reveals When You Need to Fear a Recession – CCN.com

The U.S. stock market is near record highs, and the labor market has been growing steadily, courtesy of stable economic readings throughout 2019. However, the good times can’t last forever, and billionaire investor Howard Marks at Oaktree Capital warns that a recession will eventually arrive. The question is: When? Speaking in a CNBC interview, Marks…

Read More
Billionaire Bitcoin Skeptic Ray Dalio Accused of Ruining Burning Man
, ,

Billionaire Bitcoin Skeptic Ray Dalio Accused of Ruining Burning Man

Billionaire bitcoin skeptic Ray Dalio was trolled on Twitter after gushing how much he enjoyed this year’s Burning Man festival. | Source: (i) Reuters/ Brian Snyder (ii) Ray Dalio Twitter Account; Edited by CCNRay Dalio, a billionaire investing guru and noted bitcoin skeptic, was teased for “ruining” Burning Man.Dalio is the founder of Bridgewater Associates,…

Read More