Description: The Standard & Poor’s 500 Index (SPX)’s record rally probably has another year to go as investors give up their pessimism and buy, according to Laszlo Birinyi, one of the first money managers to tell clients to buy before the bull market began.
Source: Bloomberg.com
Date: Mar 29, 2013
Link: http://www.bloomberg.com/news/2013-03-28/birinyi-says-buy-mining-technology-shares-as-bull-ages.html
Questions for Discussions:
- What is the logic behind Birinyi’s thinking and advice to investors?
- Do you agree with his assessments?
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