Novogratz thinks investors can't fight the global easy money policy from the Fed, the BOJ and the ECB.
He thinks that the way to outperform is to pick the right markets and then stay in that position long enough to benefit from it. Novogratz still sees investors who are afraid to be long equities as the result of the financial crisis from five years ago.
His favorite places to invest are Japan and the U.S. The Japanese quantitative easing policy is four times the size of what is going on in the U.S., and he thinks the Nikkei is going to have a huge run.