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/biz/ - Business & Finance

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10435681 No.10435681 [Reply] [Original]

>Mike Novogratz's Crypto Firm Lost $134 Million in the First Quarter

https://www.bloomberg.com/news/articles/2018-07-26/novogratz-s-galaxy-digital-sees-134-million-loss-on-crypto-drop?srnd=cryptocurriences

>> No.10435699
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10435699

>>10435681
It's not unusual for hedge funds to take these kinds of losses.

>> No.10435702

Thats it? Damn, well done.

>> No.10435721
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10435721

>mfw I dumped on Novogratz in Jan

>> No.10435743

>>10435681
>buying into hedgefund retardation
You are literally better off having a monkey throw darts at a board to decide on shit.

>> No.10435836

>>10435681
i remember this dipshit being a buyer around 9k-10k

>> No.10435841

He's a billionaire, it's not a lot to him.

>> No.10435850

>>10435836
he got rich from cheap eth
he's now losing other people's money while reaping those commisions, all profit famalam