- The billionaire Mike Novogratz would put money in Alibaba stock, silver, gold, ether, and bitcoin.
- That advice is for young and risk-tolerant investors, he told David Rubenstein on Bloomberg TV.
- For more risk-averse investors, Novogratz said to mainly focus on bonds.
The billionaire and crypto enthusiast Mike Novogratz offered his take on how to invest $100,000 right now for investors who are willing to accept more risk and for those who aren’t.
“If they were young and had a high risk tolerance, I’d be buying Alibaba stock,” the Galaxy Digital CEO said in an interview with David Rubenstein on Bloomberg TV. “I’d be buying silver, gold, bitcoin, and ethereum. That’d be my portfolio.”
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