In this interview, Mike Novogratz discusses his life, from growing up on Long Island to becoming a billionaire in the finance world. He shares insights into his early career at Goldman Sachs, including navigating the Asian financial crisis and the company's IPO. Novogratz reflects on personal setbacks, such as leaving Goldman and dealing with the 9/11 attacks, which led him to re-evaluate his career. He recounts his experiences at Fortress, where he and his partners built successful businesses and took the company public, making them billionaires. Novogratz also delves into his investment strategies, particularly in crypto, and emphasizes the importance of pattern recognition, storytelling, and managing risk. He touches on the challenges of raising wealthy children and the importance of kindness and self-awareness.
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