Mike Novogratz

2 results

Hofseth uses enzymes to break down salmon offcuts such as the head, skin and spine to produce salmon oils, proteins and calcium for human and pet consumption. Photograph: iStock
Investment in discarded fish heads proves profitable for big-name hedge funds

An obscure Norwegian company that converts salmon offcuts into healthcare products has netted gains for some big-name hedge funds in recent months. S(...)

The fortunes being made and lost are just one reason Mike Novogratz likens the cryptocurrency market to the Wild West. Digital assets like bitcoin need more regulation, and in the meantime some initial coin offerings, or ICOs, will prove to be fraudulent “get-rich-quick scheme. Photograph: Chris Helgren/Reuters
The man starting the biggest crypto fund says bitcoin will be the biggest bubble we’ve ever seen
  • Markets
  • September 26, 2017, 14:51

Mike Novogratz is reinventing himself as the king of bitcoin. The swaggering macro manager who flamed out at Fortress Investment Group LLC is starti(...)