I Wasted My Money on Bitcoin: Billionaire Asset Manager

Bitcoin forayed into the financial markets ten years ago and became a benchmark asset to a new wave of trading instruments now known as cryptocurrencies. But for South Africa’s richest woman Magda Wierzycka, it is not worth an investor’s dime.
The co-founder & chief executive of financial services company Sygnia Asset Management said in an interview that she wasted a lot of her money on buying bitcoin. She called the cryptocurrency “the biggest skeleton in her investment cl