Friday, November 30, 2012

"Waiting For Something to go KABOOM"

Jeffrey Gundlach, CEO, DoubleLine Capital LP:

“You’re just going to build up pressure in the pressure cooker, and when it blows, the lid will blow sky-high, and that’s when you get to phase three...If phase three takes two years, it’s worth waiting for. The markets don’t have lots of opportunity now.”

[October 2012]

Guy makes too much sense.
Will probably be ignored.

Bloomberg profile here.

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