What? Isn't the american stock market booming? making record highs? Warren buffet is also dumping stocks at an alarming rate. Which mean's they know something we dont. http://www.moneynews.com/MKTNews/billionaires-dump-economist-stocks/2012/08/29/id/450265/
Interesting indeed, but it's only one side of the coin. Where are these big investors putting their money now? What types of stocks and physical assets are they long on?
To take into account is that these billionaires are hedge fund managers, it's not their own money, it's their customers money, and a hedge fund doesn't speculate, rather the opposite: they go against speculators, by driving up & holding up prices when speculators wanna buy, to then cut the hedge when speculators cease to buy or sell instead. Take for ex that John Paulson listed in the article, that (was?) also the largest SPDR Gold Trust shareholder, over april>may>juni 2013 he dumped 50% of his shares. The gold price was driven sharply down, simply that driven up price vanishing again. But question is, if they are so 'big', why didn't stocks already drop alot? "A handful of billionaires are quietly dumping their American stocks . . . and fast.". A small one can sell quietly. A handful small ones can. But apparently, these billionairs must be peanut compared to the rest, because the price trend doesn't reflect their exits. Regarding where they put the money now? Well, just as bank account, to buy back in after the last sucker sold?
