Boom coming soon

[ace00]

............ 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.

I quite like Mobius, he agrees with my opinions.
You might have a point if he had changed his position, but he is consistently long emerging Asia. I mean always.

[stackpole]

The length and depth of the impending recession depends on the amount of debt that needs to be flushed out, compared with the historical "norm".

And we've got a lot. There can be no quick fix, whatever this bloke or Gordon Brown tells us.

[AtW]

You might have a point if he had changed his position, but he is consistently long emerging Asia. I mean always.

There was huge flow of capital into Asia in the last 15-20 years, this would probably cover your "always" period. I'd say his strategy during this period was probably correct, however right now we are in totally different territory.

[ace00]

There was huge flow of capital into Asia in the last 15-20 years, this would probably cover your "always" period. I'd say his strategy during this period was probably correct, however right now we are in totally different territory.

A little knowledge is a dangerous thing. Stick to building websites or whatever.

[AtW]

A little knowledge is a dangerous thing. Stick to building websites or whatever.

What is your area of expertise?

[AlfredJPruffock]

People 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?

Liar - but thats not a bad thing these days - just look around and see those whom have prospered via lying through their teeth - Bush Blair etc etc

[ace00]

What is your area of expertise?

Everything.

[AtW]

Everything.

That clearly does not extend to knowing what I do for living - hint: it's not building websites. If you don't want to discuss the issue don't participate in it, but don't tell other people to STFU.

[ace00]

That clearly does not extend to knowing what I do for living - hint: it's not building websites. If you don't want to discuss the issue don't participate in it, but don't tell other people to STFU.

It was meant to be tough talking, but helpful, advice (not to invest in the stock market unless you understand the fundamentals), but OK, point taken, bit rude. I'll stick to reading your posts in awed silence in future.

[AtW]

(not to invest in the stock market unless you understand the fundamentals)

I have no stock market investments of recent years - the only investment I consider worthwhile is my own company where I have large degree of control over my destiny.

Unlike that guy who clearly wants more buyers to get into his casino I don't have any conflicts of interest at all.