Market Review and Trends
Ramifications of Brexit: What’s Next?
By SG ThumbTack investor  •  June 26, 2016
Every time there has been a major news event like Brexit, some people have generated immense wealth, while others have lost it all. I believe people like Soros and Icahn have benefited greatly, since their short positions are well known. The key question most investors want to answer is: What’s next? Should an investor plunge in now, with all the mayhem, and start buying risk assets? That’ll look like a smart move if this downturn is short and the panic subsides, and things go back to normal. On the other hand, if this is the start of many events, all of which are negative for investors, plunging in now could be the equivalent of catching the proverbial falling knife. And the knife could keep falling for some time to come. Personally, I have covered my short positions last Friday, when the markets dropped from the shock of Brexit. I have ......
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By SG ThumbTack investor
I am a Singaporean male in my mid-30s, and this blog chronicles my investing ideas and activities. I hope to search for and find contrarian and deep value investing ideas and will chronicle all these ideas here, both the successes and the failures. (hopefully less of the latter) ...
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