Billionaire Seth Klarman: I Can’t See the Point of Crypto — Nobody Needs to Own It

Billionaire Seth Klarman: I Can’t See the Point of Crypto — Nobody Needs to Own It


Billionaire investor Seth Klarman says he cannot see the point of crypto. “I don’t think anybody needs to own it. It just seems to me that it could end up very much in tears,” he added.

Seth Klarman on Crypto Investing, Gold, and U.S. Dollar

American billionaire investor and hedge fund manager Seth Klarman shared his views on a variety of topics, including cryptocurrency, gold, and the U.S. dollar, in an interview with Harvard Business School, released this week.

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Klarman is the chief executive and portfolio manager of the Baupost Group, a Boston-based hedge fund he co-founded in 1982. The investment firm currently has about $30 billion under management. According to Forbes, his estimated net worth is $1.5 billion.

On the topic of cryptocurrency,

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