He must be smoking some goood ganja, the same shit the Tepper for SUNE rumor mongers were smoking, if he thinks this will ever happen.
“I consider [Chinese monetary policy] much, much too tight still. And they play too many games with their economy,” he said. “If there was going to be paradigm, it would be China really easing; not one quarter, but they could lower a couple hundred basis points.
As you know, he shot down the SUNE rumors and laughed at the idea he’d ever buy something as stupid as SUNE. Also, he was cautious on his outlook for stocks, with little to no swagger.
Fact: stocks are up 8% since the last time he cast shade on the market. Oh, and he’s also still worth many, many billions of dollars.
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A face that begs to be smacked.
Favorite hedge fund manager by far; the guy paid his way through school and gives back to the city he grew up in. Sure he promotes himself and comes off a bit arrogant, but I mean who wouldn’t if they had billions of dollars??
Good for him.
That’s how you get billions of dollars, by promoting yourself well. And giving back to your community is how you do something constructive– making the world a better place with some of your money.
That’s a big problem today– too many of the 1% piling up stacks of money and not using any of it to make this tired suffering world a better place.
We have too much Golden Rule number 2: He who has the gold makes the rules.
Not enough Golden Rule number 1: Do unto others as you would have them do unto you.