Parsad Posted March 30, 2011 Share Posted March 30, 2011 Vito Maida of Patient Capital will be on the Globe & Mail's live chat tomorrow morning 11am ET. Cheers! http://www.theglobeandmail.com/globe-investor/why-the-tsx-is-vulnerable-to-a-major-pullback/article1961057/ Link to comment Share on other sites More sharing options...
Parsad Posted March 31, 2011 Author Share Posted March 31, 2011 Here is the transcript: http://www.theglobeandmail.com/globe-investor/why-it-may-be-time-to-hold-more-cash-in-this-rising-market/article1961057/ Believes commodities are overvalued, as is the general market. Bonds looks suspect. Sees opportunity in Japan, healthcare stocks, some consumer-related and natural gas. Cheers! Link to comment Share on other sites More sharing options...
Myth465 Posted March 31, 2011 Share Posted March 31, 2011 I agree with him for the most part except for Nat Gas. I hold no cash though, and am trying to figure out how to raise some without selling any positions (that makes no sense). He holds so much cash 90% of the time though. Its almost like he is waiting for all hell to break loss. His fund has the right name though. Link to comment Share on other sites More sharing options...
Parsad Posted March 31, 2011 Author Share Posted March 31, 2011 I think there is a possibility for hell to break loose over the next year or so...and not as slim as some may think. I'm getting gravely concerned with Europe and I have a very hard time seeing the Euro survive the next five years. I'm also a little concerned about China, but nothing like Europe. Contrary to most, I think the U.S. will viewed as the world's safe haven! Cheers! Link to comment Share on other sites More sharing options...
Myth465 Posted April 1, 2011 Share Posted April 1, 2011 I think there is a possibility for hell to break loose over the next year or so...and not as slim as some may think. I'm getting gravely concerned with Europe and I have a very hard time seeing the Euro survive the next five years. I'm also a little concerned about China, but nothing like Europe. Contrary to most, I think the U.S. will viewed as the world's safe haven! Cheers! You may be on to something. We are the C student in the class of Ds and Fs. Politically Germany will do whats not in there interest and inmo cause severe harm to the Euro pact (A high currency would kill their exports), China is due for a bad one causing potential harm to Canada, Brazil, and Australia due to drops in most commodities. The real question is whats the catalyst and win? Link to comment Share on other sites More sharing options...
roundball100 Posted April 1, 2011 Share Posted April 1, 2011 I agree with him for the most part except for Nat Gas. You could both be right, just working on different timeframes. Remember the context of his comments: he is looking at the very long-term, and you are no doubt looking somewhat nearer-term Myth. Link to comment Share on other sites More sharing options...
Myth465 Posted April 1, 2011 Share Posted April 1, 2011 I agree with him for the most part except for Nat Gas. You could both be right, just working on different timeframes. Remember the context of his comments: he is looking at the very long-term, and you are no doubt looking somewhat nearer-term Myth. This is true, 5 years feels like an eternity to me and probably an afternoon for him lol. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now