Private-equity billionaire Wilbur Ross thinks global financial markets are living on borrowed time with geopolitical crises & deflationary risks still a concern .. “I think the markets are living on borrowed time because investors have no alternatives .. where else can you put money unless you want to buy a $100 million Alberto Giacometti sculpture.” .. sees some interesting opportunities emerging in China.
H/T Cliff Kule
Wilbur Ross: World Markets are Living on Borrowed Tim
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