Many large billionaire investors worried about the current market conditions.
Indeed, at present there are significant advantages to passive strategies with low risk and long-term investment. And, obviously, some of the "best" of investors on Wall Street often painfully mistaken.
But when some of the largest and most respected hedge funds click on the brakes as the indices Dow Jones Industrial Average and S & P 500 reached new record highs this week (Nasdaq Composite approached this level), it seems quite irresponsible simply do not pay attention to it .
What is the most famous Wall Street investors say about the market and a possible correction in the next few months?
Dzheff Gundlah advises, "move to the exit": CEO DoubleLine Capital reduces position against unwanted bonds, debt instruments in emerging markets and other investments lower quality, for fear that investor sentiment may change in the near future. This is not likely to be manifested in a significant fall in the short term Gundlach says, but still should be prepared. "If you expect as a catalyst show itself, you run the risk of selling at a lower price", - he said recently in an interview with Bloomberg. Instead Gundlach recommends investors to start a "movement toward the exit."
Karl Ikan warned that stocks are overvalued: investment guru has made many bold "bull" forecasts in recent years, including the winning bid at Herbalife. However, as a rule, Icahn does not see a lot of opportunities, given the way prices have increased for the shares. "Now I look at the market and wonder about the value of shares", - he said in June CNBC.
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Howard Marks warns customers about "too bullish territory": in a note to clients billionaire and founder of Oaktree Capital warned of a possible correction. According to him, aggressive investors "involved in making risky decisions, finance risky trades and create a risky market conditions", and it became a sign of past recessions.
Uorren Baffet reported of lack of capacity: when you think about the huge cash reserves, Apple Inc. It comes to mind in the first place, not Berkshire Hathaway Inc. The company's reserves, built by Uorren Baffet, has risen from less than $ 40 billion in the second quarter of 2013 to nearly $ 100 billion at the end of June. This suggests that it is much better to buy a wonderful company at a reasonable price than reasonable company at a great price. "
Dzhordzh Soros became the "bear": billionaire recently sold shares and bought gold in anticipation of the great recession. Investor urged all sell the shares immediately after the elections in the United States, warning that the global markets are in trouble. However, as we have seen, his prediction did not come true. Yet Soros again makes such calls.
David Tepper "alert": all the gurus of hedge funds are much less optimistic than a few months ago. He even suggested that cautious investors put in money if they do not like overpriced stocks on Wall Street.
Paul Singer warns ETF crisis: Singer's recent warning that passive funds can create inflexible trend that will lead to a sale, deserves attention. He even suggested that cautious investors put in money if they do not like overpriced stocks on Wall Street. Paul Singer warns ETF crisis: Singer's recent warning that passive funds can create inflexible trend that will lead to a sale, deserves attention.
Based on materials WELTRADE
