TipRanks Billionaire George Soros Picks Up These 3 “Strong Buy” Stocks Some investors achieve legendary status, rising far above their peers on a combination of luck and success. Perhaps no one exemplifies this more than George Soros, the Holocaust survivor who, after the war, earned a doctorate from the London School of Economics and went into the banking industry to make his mark. He was wildly successful. The hedge fund he founded, Soros Fund Management, earned an average annualized… Source link
Read More »Inflation will be ‘brutal’ in the short run: Legendary investor Bruce Greenwald
Federal Reserve officials this week reiterated their support for loose monetary policy and downplayed the threat of inflation, despite a recent report that showed in April the Consumer Price Index (CPI) increased at its fastest rate in more than a decade. The stay-the-course approach from Fed officials defies criticism from some economists on the left and right over fears of a persistent spike in inflation that could derail the economic recovery. Such critics rightly worry about continued… Source link
Read More »‘Not a chance’ Tesla will dominate car industry in 20 years: Bruce Greenwald
Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock’s fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported. Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie “The Big Short,” last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534… Source link
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