Aug 15, 2011

This Is Not The Time To Be In Risky Assets

“We don’t know whether this volatility is temporary and things are going to improve or whether there’s going to be a nasty recession and another 30-40% fall in equity prices. So until the fog of uncertainty is resolved, my view is that it’s better to be safe rather than sorry. This is not the time to be in risky assets.” - in The Big Interview