$64,724.00
4.92%$3,099.18
3.17%$6.83
3.25%$559.70
3.15%$144.85
9.28%$1.001
-0.02%$3,094.26
3.16%$0.500405
2.04%$7.13
15.68%$0.152621
4.64%$0.465766
4.56%$0.00002284
4.27%$35.46
2.85%$64,760.00
4.99%$0.10902
-0.36%$483.60
0.52%$13.84
4.67%$0.679269
1.50%$13.43
12.52%$5.71
0.86%$81.12
-0.91%$7.58
8.97%$5.86
0.18%$9.58
5.37%$26.12
1.92%$1.15
2.40%$1.00
0.21%$2.46
5.91%$6.25
6.91%$0.125012
3.31%$54.89
-0.46%$0.113192
4.18%$8.29
2.83%$8.24
6.86%$3,127.65
3.21%$468.20
5.33%$1.15
1.93%$2.07
8.69%$0.04088911
7.22%$0.082823
4.26%$2.89
19.35%$3,012.39
-4.06%$0.116359
-0.79%$28.44
7.68%$0.258762
7.37%$1.002
0.13%$2.26
2.88%$3,207.38
3.17%$2.11
8.55%$0.00000519
6.71%$118.13
1.81%$2.08
2.90%$0.710193
8.10%$10.90
13.48%$2.04
4.36%$3,422.16
3.22%$5.20
14.71%$1.24
-3.93%$26.26
9.44%$1.95
-4.67%$0.04471456
8.91%$1.29
5.64%$0.561228
14.29%$107.24
5.32%$3,175.24
2.93%$0.02831757
12.97%$1.005
15.43%$0.173914
3.47%$1.046
11.55%$0.00014242
7.06%$9.49
2.44%$0.888708
5.17%$18.76
9.74%$67.06
2.32%$86.97
3.29%$0.03231869
2.37%$3,092.80
2.83%$0.00000126
2.15%$2.33
8.72%$14.35
5.78%$0.78455
3.33%$0.867566
7.17%$0.02185022
-12.57%$40.99
1.59%$0.609675
10.20%$1.06
-5.42%$7.04
2.37%$0.44736
4.94%$0.00005112
3.63%$3.18
4.30%$0.00001468
4.65%$2.95
7.11%$0.108758
1.44%$0.979702
3.65%$4.97
2.89%$0.235905
3.29%$0.613855
8.12%$1.26
2.74%$16.15
4.61%$43.64
4.30%$3.90
3.20%$0.01863771
4.90%$6.77
5.84%$0.785431
8.03%$346.49
5.84%$170.89
9.14%$0.813281
6.51%$0.02011668
7.89%$8.76
5.73%$0.440006
4.09%$1.24
1.42%$1.22
3.30%$3,117.02
2.93%$0.229116
5.55%$12.95
7.74%$0.680604
5.13%$2.33
8.72%$0.982278
0.38%$18.60
5.57%$2.79
3.52%$3,092.30
3.28%$0.632289
3.45%$0.188804
5.80%$1.67
5.98%$1.21
1.04%$0.100859
12.63%$4.08
-1.04%$170.22
9.61%$3,251.89
3.11%$0.998993
0.00%$0.403707
8.36%$0.00181018
6.63%$35.36
1.52%$3.75
5.83%$0.930395
3.47%$94.77
8.88%$0.00010217
4.27%$0.723966
8.14%$2,384.98
0.03%$0.104058
7.30%$3,300.69
3.00%$5.91
-1.18%$0.087136
3.59%$0.00000027
5.81%$0.053664
4.41%$0.04000798
8.98%$1.79
0.12%$0.296393
6.13%$0.062713
0.21%$0.875825
6.03%$0.00956668
7.00%$1.48
2.60%$5.35
0.42%$0.441147
3.25%$0.753981
32.00%$0.054672
6.31%$1.002
0.15%$3,351.13
3.26%$0.00565173
20.24%$0.430685
11.72%$0.094893
5.98%$0.336466
6.65%$0.383386
5.72%$1.042
12.04%$1.12
9.20%$0.239625
5.19%$0.04636874
9.88%$0.442485
6.59%$1.84
5.23%$0.02509315
7.87%$0.00000045
0.67%$0.525878
9.45%$2,394.25
-0.19%$21.56
7.88%$0.02642506
6.09%$14.00
4.80%$0.814525
5.79%$4.11
10.76%$0.03102864
9.17%$3.95
8.89%$0.615087
3.80%$0.0074723
3.88%$3.58
32.44%$3.64
6.27%$1.59
10.12%$1,299.58
5.12%$13.03
15.04%$53.19
1.85%$0.569589
3.31%$0.00232439
8.40%$0.00704911
2.26%$5.03
4.51%$0.03185999
34.76%$0.519258
5.15%$0.822581
4.09%$55.48
4.92%$3.59
6.35%$3,165.57
2.93%$0.927955
3.97%$0.250241
6.06%$0.372999
6.46%$0.756733
6.71%$0.03104146
3.97%$5.55
12.56%$3.96
23.98%$1.71
12.98%$62.28
9.87%$29.62
4.97%$4.12
20.03%$0.379521
34.53%$22.68
7.62%$21.13
6.06%$3.49
7.10%$0.0370418
7.24%$62.19
2.64%$8.24
3.89%$0.03410741
5.08%$0.4214
7.05%$0.935929
5.11%$0.258884
5.12%$0.745774
6.23%$0.115449
13.21%$30.40
2.74%$0.0059939
5.36%$1.23
4.99%$0.03251477
3.51%$31.94
3.37%$27.11
10.46%$29.23
2.82%$0.274151
1.12%$0.758842
6.53%$0.315387
6.51%$0.858553
6.60%$25.50
9.62%$2.36
8.29%$37.72
8.10%$40.26
2.67%$3.70
5.33%$0.00000035
8.96%$0.00349628
6.02%$12.20
69.38%$62.63
0.79%$0.316125
7.68%$0.286052
7.46%$0.02063321
5.60%$0.375795
10.74%$0.154493
7.81%$0.391474
5.73%
Ron Baron, founder of investment management firm Baron Capital, said he still doesn’t get Bitcoin, describing it as a speculative investment.
“We don’t invest in Bitcoin, we don’t invest in gold. We invest in growth stocks,” Baron said during an interview with CNBC’s Squawk Box, adding, “I’m a relatively sophisticated investor and I still don’t get it. It’s a speculative investment.”
"We don't invest in #bitcoin, we don't invest in gold. We invest in growth stocks," says Ron Baron. "I'm a relatively sophisticated investor and I still don't get it. It's a speculative investment." #btc pic.twitter.com/pARieIiWPa
— Squawk Box (@SquawkCNBC) March 4, 2021
Rather than Bitcoin or gold, Baron said the investment management firm helps clients invest in growth stocks to help afford life events, pay for their children’s education, and for general long term growth.
Baron Capital is an investment management firm that focuses on long term growth. The firm helps clients take a long term approach to investing by offering growth equity investments options.
Baron Capital holds more than 7 million shares of Tesla, which, contrary to Baron’s own position, is extremely bullish on Bitcoin. Last month, Tesla invested a whopping $1.5 billion into the cryptocurrency. Tesla CEO Elon Musk has been a big advocate for Bitcoin for some time now, and previously caused a crypto Twitter storm when he updated his Twitter bio to Bitcoin.
But that’s not the only connection Baron has to Bitcoin. During the interview with CNBC, he added that one of his doormen invested $800 dollars into Bitcoin about two or three years ago. Baron added that investment grew to $23,000 before falling to $15,000, at which point Baron suggested the doorman sell his Bitcoin to buy Tesla shares—although he bought a Tesla car instead.
