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Replies to #85110 on Biotech Values
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DewDiligence

10/15/09 6:39 PM

#85119 RE: bladerunner1717 #85110

It's not just Roubini urging caution.

You’re still obfuscating, bladerunner. The issue of consequence in this thread is not whether Roubini and others are urging caution now—after the S&P 500 has advanced 64% since March 2009.

Rather, the issue of consequence in this thread is that Roubini was telling people not to buy stocks in March 2009, when the stocks of many fine companies were trading at fire-sale valuations an investor sees about once in a lifetime.

In short, when it comes to giving investment advice about the broad market, Roubini is just another charlatan who craves publicity.