John Burbank is one of the more interesting hedge fund managers to watch. He nailed the housing bubble and bust. Here is where he is now investing:
- His concern over the current stock market valuation is that profit margins are at all time highs. If you believe profit margins can be sustained then the market is cheap; if you don't then it isn't.
- He is overweight companies in mining, basic materials and energy where he finds the most inefficient market pricing.
- Saudi Arabia is the region that he is most overweight as he has 17% of his capital invested there.