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Old 03-16-2009, 02:16 AM   #1
ADL Colin
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Roubini - Investments

I know a lot of people here follow Roubini. Might find it interesting that he is "fully invested in stock index funds"


http://www.newsweek.com/id/176339
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Old 03-16-2009, 02:21 AM   #2
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Interesting read Colin, thanks
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Old 03-16-2009, 02:26 AM   #3
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Whats a Roubini ?
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Old 03-16-2009, 05:30 AM   #4
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Originally Posted by joshll View Post
Whats a Roubini ?
sounds like something off the menu at katz or canigie deli

anyway here is what to remember, you have guys like buffet and other top guys not knowing what the heck is up and fucking up, this after decades of being right.

right now even if there is a rally it will sucker in peoples last few bucks and then wash them out
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Old 03-16-2009, 05:53 AM   #5
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yes interesting info, thansk
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Old 03-16-2009, 06:04 AM   #6
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I say invest with a lite touch and wait a little longer.

Make sure you are not using your savings that you need to live on in the event of an income failure.
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Old 03-16-2009, 08:29 AM   #7
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Originally Posted by ADL Colin View Post
I know a lot of people here follow Roubini. Might find it interesting that he is "fully invested in stock index funds"


http://www.newsweek.com/id/176339
Yeah, but he also never got out of his "fully invested" position to then re-invest into a new "fully invested" equity position.

"Despite his prescience, he's suffered just like the rest of us: he's remained fully invested in stock index funds through the market downturn, causing his portfolio to plummet."

the rest of us = the majority
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