Parsad Posted March 22, 2013 Share Posted March 22, 2013 Comments by Wilbur Ross. Cheers! http://finance.yahoo.com/news/wilbur-ross-long-term-bonds-144336656.html;_ylt=AuHaMBFW84I1beMfeBtlqPiiuYdG;_ylu=X3oDMTQ4a3FicWkyBG1pdANDTkJDIFRvcCBTdG9yaWVzBHBrZwNiYzRmNWMzYy1lYjYzLTNhZjItYmE0Zi04NmY0OWE3MjA1OTgEcG9zAzIEc2VjA01lZGlhQkxpc3RNaXhlZExQQ0FUZW1wBHZlcgM5ZjQ5ODc3MS05MzAyLTExZTItOGY3Ny00MzE4MDVjM2FmMmI-;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3 Link to comment Share on other sites More sharing options...
Palantir Posted March 22, 2013 Share Posted March 22, 2013 Ironically, Ray Dalio believes you should lever up and buy long term bonds. Reason being, as bonds come closer to maturity, the steep yield curve magnifies their return. Link to comment Share on other sites More sharing options...
lessthaniv Posted March 22, 2013 Share Posted March 22, 2013 Ironically, Ray Dalio believes you should lever up and buy long term bonds. Reason being, as bonds come closer to maturity, the steep yield curve magnifies their return. I've done great with FFH Bonds employing this over the last few years. ;D Sanjeev, It's an interesting time. On the one hand you have Buffett and Wilbur Ross saying long term bonds are the worst thing to own. On the other hand, FFH is quoting Gary Schilling about "the great disconnect" and both warn a possible "event" on the horizon. Schilling continues with his long bond strategy suggesting in a recent interview they can hit low 2's. Two incredibly respected groups with diametric view points. Personally, I've been struggling to decide where I fall. One the short term I could see stocks appreciating more (much like 1925) only to widen the disconnect and make the ultimate move to equilibrium even more painful. Seems like this is what Prem is warning about. <IV Link to comment Share on other sites More sharing options...
JEast Posted March 22, 2013 Share Posted March 22, 2013 Similar to the GMO discussion, the difference could be explained via timeframe preference. If you are Buffett, one does not need to take the hint of risk when you have great operations working for you. If you have a timeframe of a year or three, then you can be in the Schilling/HamblinWatsa camp. I see no real diametric view as I like bonds shorter-term and do not like them longer-term. I have placed several bids this year for some 25-year zeros with no success yet since every time we get a new micro scare, bonds rally. Cheers JEast Link to comment Share on other sites More sharing options...
Packer16 Posted March 22, 2013 Share Posted March 22, 2013 Ross did mention that his fimrs are locking in long-term debt financing which is another way to play rising interest rates (buying firms with LT low cost financing). Packer Link to comment Share on other sites More sharing options...
BargainValueHunter Posted March 22, 2013 Share Posted March 22, 2013 I'd put my money on what it is that the Baby Boomers are going to do for the next 10 years. ...and that IMHO is to buy yield wherever they can find it. Link to comment Share on other sites More sharing options...
fareastwarriors Posted January 27, 2014 Share Posted January 27, 2014 China banking worries 'way overblown': Wilbur Ross http://www.cnbc.com/id/101366393 Link to comment Share on other sites More sharing options...
dcollon Posted February 12, 2014 Share Posted February 12, 2014 From Bloomberg & Valuewalk: http://www.valuewalk.com/2014/02/wilbur-ross-agrees-tom-perkins-sam-zell/ Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 16, 2014 Share Posted February 16, 2014 Wilbur Ross: Looking Outside U.S. for Deals http://www.bloomberg.com/video/wilbur-ross-looking-outside-u-s-for-deals-FyBzaFlQR_eiZC~4TCD3HA.html Link to comment Share on other sites More sharing options...
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