Founder of the world’s largest hedge funds says the ‘magnitude’ of the next downturn will be epic

[Howard]

General and vague.

 

[Howard]

Don't think so highly of yourself. I was responding to the quoted article.

 

[doggyfx]

At least he should feel much less guilty before money-bag investors if he wipes out his fund during next downturn. "Didn't I warn you that nobody will dodge from the next big hit" he will probably say..

 

[lovethetrade]

Get ready for the next financial crisis
http://www.afr.com/markets/equity-markets/get-ready-for-the-next-financial-crisis-20170410-gvhvul

 

[mlawson71]

That sort of thing is inevitable, isn't it?

 

[just21]

That sort of thing is inevitable, isn't it?

No, there is an alternative view. This was written in 2010 when the dow was 10,000. Respected author.

 

[trdes]

No, there is an alternative view. This was written in 2010 when the dow was 10,000. Respected author.

It's still inevitable, at some point it will correct / crash again. I mean I guess its possible humans overcome years of history and instinctual drive / emotion, but that seems somewhat unlikely.

 

[just21]

It's still inevitable, at some point it will correct / crash again. I mean I guess its possible humans overcome years of history and instinctual drive / emotion, but that seems somewhat unlikely.

Not until 2025 according to the book.

 

[propwarrior]

nothing is going down until we get everyone long and euphoria. Until people start talking about buying stocks as it's a 'no brainer' at BBQs / supermarkets best to stay long. When the majority of the crowd start buying the 'Dow 30k lock in' that's when we will have a correction.