FYI: Sell everything!
That seems to be the advice coming from the moneyed set these days. Not just one or two cranky billionaires, but many of them; Warren Buffett seems to be a notable exception.
In a commentary sent to clients last week, Nick Colas, chief strategist at Convergex, pointed out that “many of the smartest investors out there hate stocks.” Specifically, he notes the following billionaire market calls:
Regards,
Ted
http://www.bloomberg.com/view/articles/2016-08-08/invest-like-a-billionaire-if-you-are-one
