"It is barely two-and-a-half years ago that ArabianMoney editor and publisher Peter Cooper addressed a lunchtime meeting of the Australian Business Council in Dubai with a bold recommendation to ‘buy and hold’ local stocks. The speech went down like a lead balloon and ABC actually stopped holding lunches for two years. It was that bad!
Not the speech, of course, the sentiment in the Dubai Financial Market at that time. Indeed, one attendee at the lunch came up and explained that he could not disagree more with this analysis as he had just shut down his Dubai brokerage company Mac Capital"
'via Blog this'
No comments:
Post a Comment