Michael Novogratz Doesn’t See Credit Bubble; Likes Bitcoin

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Michael Novogratz Doesn’t See Credit Bubble; Likes Bitcoin

There’s a compelling reason to believe in the bitcoin story, Fortress Investment Group LLC (NYSE:FIG) Principal Michael Novogratz said Wednesday from the SALT Conference in Las Vegas.

Michael Novogratz: Don’t see credit bubble

Key SALT theme: Bet against bond market

SkyBridge Capital founder and co-managing partner Anthony Scaramucci looks to find the contrarian view at the SALT conference. Gary Kaminsky, Morgan Stanley vice chairman of wealth management, weighs in on the credit market.

Blue Mountain Credit Fund still in the red YTD; here are their biggest holdings

Blue MountainBlue Mountain Credit Alternatives Fund was up 0.36% for November, although the fund remains well into the red for the year. For the first 11 months, the fund was down 24.85% gross. Q3 2020 hedge fund letters, conferences and more Blue Mountain's fundamental credit strategy was up 0.63% for November, including a 1.09% gain for Read More


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