Well-known Investor and billionaire Wilbur Ross
was on Bloomberg to discuss his views on the fiscal cliff. He thinks that there is a good chance of lawmakers compromising and resolving the fiscal cliff.
-- He said lawmakers should be able to resolve the fiscal cliff as the composition of people in negotiating positions is the same.
-- Countries' lawmakers should be fiscally conservative and socially liberal. That is the balance he would like to see in the candidate for the 2016 U.S. presidential election.
Credit and source: www.bloomberg.com, Bloomberg
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Dheeraj GroverI am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne