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Morgan Creek's Mark Yusko - Fixed Income Is Risky, Consider Investing in Asian Casinos

December 18, 2013 | About:
Canadian Value

Canadian Value


Is it time to bet against fixed income securities?

Mark Yusko obviously sees the huge risk in bonds that a rising interest rate environment would create.

He cites Jim Grant recently suggesting that shorting corporate bonds could be profitable and that he recently spoke with John Paulson about the idea of starting a fund to profit from rising rates.

In the equity market Yusko likes casino for their growth potential, particularly in Asia where 50% of the world's population is within a five-hour flight of Macau.

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Canadian Value

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