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What The Late Barton Biggs Might Say About Stocks Today
Thursday, July 19, 2012 - 3:04pm | 434The legendary former stock strategist at Morgan Stanley died Saturday from complications of a staph infection in his home in Greenwich, Conn. He was 79. Biggs got a few major market moves wrong. Most notably, he missed the credit crisis in 2008. Biggs did call the rest of the big market moves...
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Bloomberg TV: Barton Biggs Boosts Bullish Stock Bets
Monday, October 31, 2011 - 10:51am | 575Barton Biggs of Traxis Partners spoke to Bloomberg Television's Betty Liu this morning about his investment strategy. Biggs said he's now "80% net long" on stocks and that the U.S. market rally is "going to continue for awhile." Biggs also said that he's "intrigued" by European stocks, but he isn...
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3.5 Reasons to Be a Vampire and Step into the Bloodbath
Wednesday, August 3, 2011 - 10:32am | 378FRANKFURT - The first reason to go long stocks in this bloodbath is because the media is all about sensationalism and sex. The Debt Ceiling TV drama was much ado about nothing. It was an excuse for talking heads to run around and scream that everything was going to end, the U.S. was going to...
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Barton Biggs Going Long Japan, Should You? (EWJ)
Tuesday, March 15, 2011 - 3:05pm | 151An article in the Wall Street Journal shows that Barton Biggs is starting to buy Japan now. Biggs runs $1.4 billion hedge fund Traxis Partners LP, and spoke to the Journal and said he was going long Japan. "I'm buying Japan right now," Mr. Biggs said in an interview. Biggs said that he started...
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Laszlo Birinyi Is Buying, Should You?
Wednesday, March 9, 2011 - 3:14pm | 258Laszlo Birinyi is buying stocks, so does that mean you should too? Birinyi is famous for having picked the bottom on March 9, 2009, and he believes that the equity markets have more to rally, as investors play catch-up, particualrly those that missed the first part of the rally. “These kinds of...
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Barton Biggs: "Markets Have Discounted $110 Oil"
Friday, March 4, 2011 - 5:22pm | 188Hedge fund manager Barton Biggs appeared on CNBC's Closing Bell with Maria Bartiromo on Friday. Biggs told her that he thinks the market has already discounted $110 oil and that the market can grind higher from here. He did note, however, that there are a lot of things that worry him, in particular...
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Barton Biggs On Bloomberg Television
Tuesday, January 11, 2011 - 1:17pm | 364Barton Biggs, managing partner of New York-based hedge fund Traxis Partners, appeared on Bloomberg Television's "Inside Track" with Deirdre Bolton this morning. Biggs offered his view on the U.S. economy, saying that he is optimistic and that he thinks "the next significant move in equity markets...
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Barton Biggs Announces He Is 75 Percent Long On Stocks (CAT, DE, MMM)
Monday, July 26, 2010 - 11:51am | 91Barton Biggs announced today in a video he is 75% long stocks. In the video, he gives some names such as Procter & Gamble (NYSE: PG) Caterpillar (NYSE: CAT), John Deeere & Co. (NYSE: DE) and 3M (NYSE: MMM). Shares of Procter & Gamble, Caterpillar, John Deere and 3M are all trading...
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Barton Biggs Considers Stocks To Be Highly Oversold And Predicts An Upside
Thursday, May 27, 2010 - 2:08pm | 207According to an article on Business Insider, Barton Biggs, former chief global strategist at Morgan Stanley, is optimistic about the future of the stock market. He says, “I think [stocks are] going to stabilize in this general area, and then we’re going to have a significant move to the upside.”...
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Barton Biggs’ Doublespeak
Wednesday, May 5, 2010 - 2:33pm | 150Famous investor Barton Biggs was just interviewed on CNBC and asked about the European Debt Crisis that is currently underway. He first spoke to the tune that Europe was undervalued and severely oversold, but when asked if he would actually put his money where his mouth is…he plainly said, “No, way...