(Here is the latest monthly column I write for Caixin. It is on Brexit and I wrote it as an email to my mother. Here is the link. The text follows) To: Mother Date: July 4, 2016 Subject: Re: Did you know Britain was leaving Europe? Should I worry? Glad to see you figured out how to access your email account. I smiled when I saw your note in my inbox. Thank you, though I am not sure that Thomas Watson felt the...
Read More »Heretical Thoughts and Doing the Unthinkable
Heresy! Legendary former hedge fund manager Stanley Druckenmiller at the Ira Sohn conference – not an optimist at present, to put it mildly. Photo credit: David A. Grogan / CNBC NORMANDY, France – The Dow rose 222 points on Tuesday – or just over 1%. But we agree with hedge-fund manager Stanley Druckenmiller: This is not a good time to be a U.S. stock market bull. Speaking at an investment conference in New York last week, George Soros’ former partner warned that… “…higher...
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