Leon Cooperman Won’t Attend Elizabeth Warren’s Tax Hearing, But Will Watch It
The billionaire investor declared that the "self-serving" hearing will be “conducted in a showboating atmosphere not conducive to serious debate."
The billionaire investor declared that the "self-serving" hearing will be “conducted in a showboating atmosphere not conducive to serious debate."
Strategists at Morgan Stanley, Bank of America, and Deutsche Bank warned last week that a major period of turbulence could soon arrive.
Days before the rout began, Palihapitiya, a 44-year-old with a flair for self-promotion, proclaimed he was poised to be the Buffett of his generation.
One of the starkest displays of changing tastes came last month, when investors poured about $20 billion more into equity funds than they did bonds.
"Even if you are not following gold on a day-to-day basis, from a long-term point of view, you are better off with 10% or 15% of assets in bullion."
How fast will the dollar deteriorate? How much drag will it have on the overall post-COVID economy? Doctor Doom is watching for "70s-style malaise."
Even after trimming some Tesla holdings, Baron has a staggering 41% of one of his biggest funds invested in the carmaker’s stock. He sees more ahead.