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Old 03-16-2009, 08:29 AM  
wig
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Join Date: Feb 2002
Location: Panama
Posts: 708
Quote:
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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