'Very, Very Cheap'

Discussion in 'Wall St. News' started by risk1, Mar 9, 2009.

  1. risk1



    Biggs, co-founder of New York-based hedge fund Traxis and formerly chief global strategist for Morgan Stanley, said in February last year that U.S. stocks were “very, very cheap” and the market was “at or very close to an important bottom.” The S&P 500 subsequently fell 49 percent.