Mike Blake/REUTERS Billionaire Barry Diller told CNBC on Tuesday the market is being driven by "great speculation," and investors should save "every nickel" they have. The media mogul and chairman of IAC also reflected on the fact that the economic crisis caused by the pandemic allowed IAC to make a "significant" $1 billion investment in MGM resorts.
Billionaire Barry Diller Says The Market Is Being Driven By 'great Speculation,' And Urges Investors To Save 'every Nickel'
egraffeo@businessinsider.com (Emily Graffeo), Business Insider
Tue, 09/22/2020 - 12:24pm
Topics: more and more concerning we mike blake/reuters billionaire barry diller visit business insider november jp morgan eps august iac for democratic business insider barry diller diller cnbc iac mgm market is being driven driven by great speculation investors to save every nickel election media tuesday stocks reflected mogul resorts told economic significant investment crisis day fact long cash
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