Thursday, July 10, 2014

Wilbur Ross on CNBC

Link to article and video: I'm selling 6 times more than buying: Wilbur Ross
"On balance we've been a seller. We've sold six times as much as we've bought so far this year … everywhere," the investor in distressed assets told "Squawk Box" on Thursday. 
Ross said stock valuations in the U.S. are high, and "with markets [near] at all-time highs, it shouldn't be surprising that there are more things that are attractive to sell than to buy."