Simply put, investors should own less equities, more bonds, more global investments, more cash and more dry ammunition.
ammunition bond cash
Mohamed El-Erian
These are some quotes by Egyptian author Mohamed El-Erian Businessman, who was born on August 19, 1958.
Quotes by Mohamed El-Erian
It is hard to imagine that, having downgraded the US, S & P will not follow suit on at least one of the other members of the dwindling club of sovereign AAAs. If this were to materialise and involve a country like France, for example, it could complicate the already fragile efforts by Europe to rescue countries in its periphery.
Mohamed El-Erian
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I don't collect the way other people do. Some people collect rare guitars, like, 'I have a '54 Strat worth $50,000.' And I don't collect the way Nash does. Nash has Duane Allman's guitar and Johnny Cash's guitar. I bought guitars because they sounded good. I played them, they sounded unbelievably good, and I couldn't resist.
