bitcoin

Is Bitcoin in a Bubble? Experts Say Yes

December 4, 2017 James Heinsman In the News

As the value of one bitcoin explodes past $11,000, some in the hedge fund community are bad-mouthing the rise of the mysterious cryptocurrency. Ken Griffin, founder and CEO of the Citadel hedge fund, compares the recent blast-off of bitcoin to the infamous tulip bulb bubble in 17th century Holland, also known as “tulipmania.” Griffin believes […]

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bitcoin, blockchain, bubble, Citadel, Jim Cramer,

Bitcoin Boom Boosts Bill Miller’s Fund into the Stratosphere

November 6, 2017 James Heinsman In the News

Superstar fund manager Bill Miller loaded his MVP 1 fund with bitcoin this year, and has seen mind-bending growth of 72.5% so far this year. Miller is known for beating the S&P 500 for 15 years straight when he worked for Legg Mason, until the 2005 recession cramped his style. In August 2016, after 35 […]

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Bill Miller, bitcoin, Legg Mason, MVP,

Cryptocurrency Hedge Funds Growing Exponentially

August 10, 2017 James Heinsman In the News

According to a tweet by economist Tuur Demeester, “Hedge funds with crypto exposure exploding.” The article Demeester refers to says that there are more than 70 funds with such bets now coming up in the hedge fund pipeline. The article also has a statement by Arthur Bell manager Corey McLaughlin: “I’ve been in the hedge […]

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Arthur Bell, bitcoin, Corey McLaughlin, cryptocurrency, Hedge Funds,

Crowd-Sourced Hedge Fund Gaining Interest and Profits

January 2, 2017 James Heinsman Hedge Fund News

Richard Craib had a new idea: Perhaps high-tech’s “masters of the universe” can outperform the old-fashioned, finance guys who predominate on Wall Street? To test his theory Craib, a former hedge fund manager, started Numerai last year. It is a crowdsourced hedge fund which hopes to bring over the best thinkers from places like Google, […]

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Andy Weissman, bitcoin, crowdsourcing, First Round Capital, Numerai,