Similar Stories to A Legendary Fund Manager Is Piling Into A Market He Says Wall Street Is Ignoring on Bing News

Reuters / Richard BrianPsst... there's a fortune to be made buying closed-end funds (CEFs). Just don't tell Wall Street. That was the message delivered in a recent interview by famed credit trader Boaz Weinstein, whose $1.7 billion firm Saba Capital is best known for its winning bet against the JPMorgan trader known as the "London Whale." CEFs, which raise money through initial public offerings and then trade on public exchanges, just like stocks, total $240 billion in market value right now.

BING NEWS:
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    05/20/2024 - 8:53 am | View Link
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    05/20/2024 - 7:11 am | View Link
  • ‘No turning back’: This Wall Street bear is predicting the biggest market crash since 1929 — Here’s how to prepare your portfolio if he’s right
    One of Wall Street’s most bearish skeptics told Business Insider last month that he thinks the “worst market crash since 1929” is coming. Mark Spitznagel, chief investment officer of Universa ...
    05/20/2024 - 12:44 am | View Link
  • Veteran fund manager reveals 3 growth stocks with upside potential
    U.S. stocks and many investors like sustainable — environmental/corporate governance — stocks, wherever the companies are headquartered. Priyanka Agnihotri, manager of Brown Advisory Sustainable ...
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