Investor Insight

Billionaire Robert Citrone Cuts Loose in Advanced Micro Devices and Micron Stocks

With a net worth of about $1 billion, Robert Citrone is at the helm of Discovery Capital Management (DMC), a hedge fund with a portfolio value of nearly $1.7 billion. Before launching DCM, Citrone worked as a portfolio manager at Tiger Management and is known as a “Tiger Cub.” Citrone is a graduate of the […]

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Is Ripple (XRP) Ready for a Breakout?

By Jenny Lynton Ripple CEO Brad Garlinghouse recently proclaimed how Bitcoin ‘is not going to be the panacea that people once thought it would be.’ Speaking to CNBC at the Money 20/20 fintech conference, Garlinghouse predicted that ‘instead you’re seeing specializations of different kinds of ledgers, different kinds of blockchains’. With this in mind, we turned […]

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How Crypto is Going Mainstream: itBit Licensed by NYDFS

By Jenny Lynton Crypto is gradually ‘starting to enter the mainstream financial services industry’ stated Neill Penney from Thomson Reuters recently. Although cryptocurrencies are ‘still a relatively small part of the trading market’, Penney noted that ‘this is a major change from a year ago.’ In fact, from London to New York, there are signs crypto […]

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Alexa Supercharged with Vanywhere and Crypto-Currency Can Be a Game Changer

Alexa and the Amazon Echo family of products are some of the important innovations of the last decade and have revolutionized the virtual assistant market. Vanywhere, the 1 on 1 live skill sharing platform, is revolutionizes the way that people share and access knowledge, enabling them to assist one another, monetize their skills, and provide […]

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If You Follow Investing Veteran Cliff Asness, Consider Dumping [GE] and [FB] Stocks

Cliff Asness, at age 52, is worth around $3.6 million dollars and is the founder of AQR Capital Management. Asness’ founding partners — David Kabiller and John Liew are also worth at least $1 billion each. The trio built the firm up following the 2007/2008 financial crisis. AQR moved away from following the structure of […]

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Israel Englander Throws in the Towel on [AMD] Stock, Pours More Money Into [INTC] Stock

Israel Englander is the chairman and CEO of Millennium Management LLC, a hedge fund that manages more than $35 billion. Englander – whose father’s side of the family was killed in the Holocaust – began his career as an intern at Oppenheimer & Co. and worked in multiple Wall Street firms after college before launching […]

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