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Boom coming soon
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``I just don't see a long, protracted recession,'' Mobius, who manages about $40 billion in emerging market stocks, told the Super Return Asia conference in Hong Kong today. ``There is an opportunity to buy low right now and sell high in the next cycle.''
This kind of people crack me up. -
Originally posted by BlasterBates View PostComment
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``Investors shouldn't rush into the market as valuations are expected to come down further,'' Jean Eric Salata, chief executive officer of Baring Private Equity Asia, said at the conference. ``We haven't seen the worst of the downturn yet and the pace of investments will continue to slow because capital is very tight.''
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Originally posted by AtW View Post``This kind of people crack me up.Hard Brexit now!
#prayfornodealComment
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Originally posted by sasguru View PostSuccessful people?
If he truly believed the market is at low point to buy why is he sharing this information with the public that would (if they believe him) increase purchases and thus dent his profits? So, he is either an idiot or a liar. Which one do you think it is?Comment
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Originally posted by AtW View PostPeople who can't be trusted in my view yet they hold a very high office managing a lot of money.
If he truly believed the market is at low point to buy why is he sharing this information with the public that would (if they believe him) increase purchases and thus dent his profits? So, he is either an idiot or a liar. Which one do you think it is?Comment
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Originally posted by AtW View PostPeople who can't be trusted in my view yet they hold a very high office managing a lot of money.
If he truly believed the market is at low point to buy why is he sharing this information with the public that would (if they believe him) increase purchases and thus dent his profits? So, he is either an idiot or a liar. Which one do you think it is?
http://en.wikipedia.org/wiki/Mark_Mobius
HTHHard Brexit now!
#prayfornodealComment
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Originally posted by sasguru View PostNeither. And he's certainly a lot brighter than you
Originally posted by sasguru View PostComment
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Originally posted by AtW View PostSo why is he trying to share his valuable information with the world, if he is neither a liar nor an idiot, then I presume he is a philantropist who wishes everyone to share the profits of his wisdom by investing into stock market at this particular point?
It does not matter if he is a Nobel Prize winner in this case - his public statement in my view has got only one clear intention - to get more sucker buyers into the falling market. The only rational explanation for this is that his fund bought out shares at much higher levels and he probably wishes he sold them earlier in the year so for every sucker that he gets into the market he will reduce his losses or maybe even make some profit.Comment
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