GOLD - Galaxy Digital CEO Michael Novogratz Says Hard Assets Key For Building Wealth For Those in 30s And 40s: 'I Still Like Bitcoin' | Benzinga
The latest episode of the Business Untitled podcast featured a discussion on the current economic climate with Mel Carter, American singer and actor, Michael Novogratz, CEO of Galaxy Digital, and Dave Barry, CEO of Urby.
What Happened: The trio addressed various topics, including America’s debt spiral, inflation, and potential changes to social security, with a focus on investment strategies in an inflationary environment.
Novogratz proposed investing in hard assets such as real estate, gold, silver, and stocks, especially those tied to commodities. Despite Bitcoin‘s (CRYPTO: BTC) recent correction, he maintained his interest in the cryptocurrency.
He said, “I still like Bitcoin as the new generation’s hard asset but also stocks, stocks are hard assets.”
During a Q&A session, Barry discussed strategies involving Bitcoin, real estate, and asset acquisition for wealth building in one’s 30s and 40s.
The panel also deliberated on generating ...