Forum List » Guru News and Commentaries
Guru News, Stock picks and commentaries
New Topic
Goto Thread: PreviousNext
Goto: Forum ListMessage ListNew TopicLog In
Tom Keene Interviews Traxis Partners Barton Biggs Who Has Upped His Bullish Positioning
Posted by: CanadianValue (IP Logged)
Date: March 20, 2012 04:31PM

Here is the podcast for the Tom Keene Interview with Traxis Partners Barton Biggs. It is much less time constrained than a cram-it-in-quickly television interview:

The main comments from Biggs include:

- Thinks people in the “gloom” camp are spending too much time looking over their shoulders at the recent past.

- He is encouraged by the leadership in the ECB, the IMF.

- He thinks there is reason to be cautious about Apple (AAPL). Research In Motion (RIMM) had wonderful products at one point, as did Sony (SNE). Products can fall out favor quickly.

- He isn’t interested in complicated trading strategies including option strategies; he would prefer to just own companies.

- Convinced that hedge funds, pension funds and endowments have a huge amount of cash sitting in low-yielding instruments that will have to migrate back to stocks.

- He thinks there might be another opportunity to get long the banking sector.

- His favorite sector to invest in is technology.

- He is unhappy with the performance of emerging markets vs. the U.S., and the emerging markets could be set for a strong run.

- He isn’t sure what the underperformance of the Chinese and emerging markets signals.

Stocks Discussed: AAPL, SNE, RIMM,
Rate this post:

Rating: 3.0/5 (4 votes)

Sorry, only registered users may post in this forum.

Please Login if you have an account or Create a Free Account if you don't
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat