As Goldman Says “Buy” Crypto Currency Risk Is Growing
If there’s money to be made from a trend, Goldman Sachs usually wants to be involved, and cryptocurrencies are no different. Indeed, a recent report from Goldman analysts Robert Boroujerdi and Jessica Binder Graham declares that “whether or not you believe in the merit of investing in cryptocurrencies (you know who you are), real dollars are at work here and warrant watching.” But what is the crypto currency risk and should one buy after such a huge rally? The answer is unclear, but value investors would likely be cautious.
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Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk