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Vulture Investing Guru Wilbur Ross on the Fed, the Economy and Investment Strategy

March 15, 2012 | About:

I admire Wilbur Ross. He knows how to be holding cash to put to work when companies are desperate for it. Many of us can identify attractive investment opportunities, but having a war chest to take advantage of them is harder.

- Ross thinks that the Fed action is much more for the securities markets than it is to help the actual economy

- He thinks he will be making more investments in marine transport. He thinks eventually container ships and bulk carriers where there is currently a problem of oversupply. This problem is compounded by lukewarm economies worldwide. Once again he will be supplying cash to companies that need it badly.

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Rating: 3.3/5 (15 votes)


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