Hedge fund guru Barton Biggs says he’s bullish on stocks, “assuming that the world holds together”. Biggs says he’s still very nervous about the lack of progress regarding Europe’s debt crisis, and says the demise of the Euro would cause an economic “Apocalypse”. He adds that he’s “running a moderate net long of about 65%” [...]
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Tag Archives: Barton Biggs
Biggs Turns Bearish, Citing “Pathetic” Supercommittee Effort
November 21, 2011
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Hedge fund guru Barton Biggs has turned bearish, saying he thinks the odds of a recession in the first half of 2012 have increased to about 60%-70%, and that the “current spurt in the U.S. economy … is going to fade as we get into next year.” Biggs tells Bloomberg that the apparent failure of [...]
Read moreBiggs: “Rally Going to Continue for a While”
October 31, 2011
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Hedge fund guru Barton Biggs, who had been reducing equity exposure late in the summer months, has recently reversed course and has continued to up his exposure since the announcement of the new plan to stem Europe’s debt crisis. “This morning, all of the wise men of Europe and the economists are very negative about [...]
Read moreBiggs High On Cash Amid Fear of Financial Crisis
September 22, 2011
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Hedge fund guru Barton Biggs says he’s only 20% net long on equities in this market, and says we may be on the eve of another financial crisis. Biggs says policymakers have tools at their disposal to help, but have failed to come together to do so in Europe or the U.S. “In times like [...]
Read moreBiggs Likes “Old” Tech Stocks; Wary of Financials
June 8, 2011
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Hedge fund guru Barton Biggs says he’s continuing to find opportunities in the stock market right now, though he’s not too bullish on financials. Biggs tells Bloomberg that worries about further housing-related writedowns and questions about the legitimacy of their book values make financials a question mark. One area he likes: “older” tech stocks like [...]
Read moreBiggs Bullish, Despite Slowing Economy
May 25, 2011
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Hedge fund guru Barton Biggs says the economy has slowed, but he remains bullish on U.S. stocks. “The U.S. and the global economy have clearly slowed pretty significantly,” Biggs tells Bloomberg Surveillance. “That’s arousing the bears, who believe we’re going to slip back into a long soft patch at best or maybe even a double-dip [...]
Read moreBiggs Likes Manufacturers, Capital Equipment Stocks
May 11, 2011
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Hedge fund guru Barton Biggs says he has more confidence in the U.S. market than other markets around the world. “We’ve been through a period here where the bull case for the global economies has definitely weakened in the last week or so,” Biggs recently told Bloomberg. “[But] I still feel good about the U.S. [...]
Read moreBiggs, Fisher, Birinyi Still Bullish
March 11, 2011
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Several top strategists are saying that investors should stick with stocks as the bull market enters its third year. Among them: hedge fund guru Barton Biggs. “I don’t think valuations are stretched,” Biggs told Canada’s Financial Post. “The next move in the S&P 500 is more likely to be up than down, and that move [...]
Read moreBiggs Looks to Big, High-Quality Multi-Nationals
February 1, 2011
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Hedge fund guru Barton Biggs says recent economic data is very encouraging, and says he expects the market to continue climbing a Wall of Worry. Biggs tells Bloomberg that he thinks smaller stocks, which have had a lengthy run of outperformance, aren’t the place to be. “I would definitely be betting against them, and betting [...]
Read moreWinters, Biggs on Where the Market Is Headed
January 21, 2011
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Two top money managers, David Winters and Barton Biggs, are sounding bullish on U.S. stocks. Winters, whose mutual funds have excellent long-term track records, told Bloomberg that benchmark indexes may reach record highs as the government helps stimulate economic growth. “Winters, who favors stocks in emerging economies in Asia such as Indonesia, Malaysia and South [...]
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