Tell me what is his next big trade, I need his advise badly.
4-5+ years of bear market here to stay
growth in valuatuins of tech bubbles is over - now drop to 45 area = 100%. FB is on of the better companies out there, every other tech company is at least 4X overpriced in todays market
this bubble will emplode - anyone buying RE at these inflated levels won't make a dime long term. Rents are sky high and TECH bubble just started imploding - still a long way from the bottom. Basically prices in RE ain some areas are based on tech bubble unreal valuations - All top bubble areas will crash 50% or more.
prices have to come down everywhere by 50% - and I mean real estate bubble
Company makes 0 and would not make any $ for years to come, living of the dumb investors
HAHAHAHA. ONLY Fools buy in now
Bubble is 2X the one in 2008 at least, DEBT ridden price gains with no sustainable real growth = FRAUD perceptiom of growth. BS of the FED tells the story
who will pay for all this DEBT - your kids and grandchildren - valuations are out of reality again, now debt is everywhere and they are printing more more everyday. real PAY has been up to 2000 levels
it will go higher short term, growth is rare these days in the market, but they need it to slow the bleeding in the market, shorting around 110 not bad idea
and apple is much better company then 99% in the market, 75% drop from here in the bubble market warranted. Everything is growthly overvalued in tech
stock below 30, maybe worth looking at. Oil will be in teens 10--12 range? who needs oil when you can have cars running on natural gas 1/3 of the cost. Oil will stay down near 20 or below for decades to come