Friday, May 18, 2018

Investment celebrity blunders

https://www.marketwatch.com/story/it-doesnt-always-pay-to-listen-to-the-smart-money-2016-09-01
In late 2013, when the S&P 500 traded around 1,800, billionaire investor Carl Icahn was warning of a “big drop.”
Reuters: "Icahn warns stock market could face big drop" — Nov. 18, 2013 

A few months later a whole wave of celebrity investors ousted themselves as bears (see chart as well):


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