With the stock market recently at all-time highs, before Thursday’s sharp selloff in futures and weakness earlier this week, it’s more attractive to sell than buy, private-equity billionaire Wilbur Ross said.
“On balance we’ve been a seller. We’ve sold six times as much as we’ve bought so far this year … everywhere,” the investor in distressed assets told “Squawk Box” on Thursday.
Jim Chanos At Invest For Kids: Short This Tech Company As Profits Slump
At this year's Invest For Kids conference, hedge fund manager Jim Chanos pitched a tech giant as his favorite short idea. Jim Chanos is a Wall Street legend. The president and founder of Kynikos Associates made his name shorting Enron in the 1990s. He has since identified some of the most profitable shorts in the Read More