Friday, October 5, 2007

Top Manager "Bolton pronounces: there may be trouble ahead"

From CityWire:
Fascinating interview with Anthony Bolton which reveals that the great man is not that impressed with the way that the market is running riot right now....MORE

Here's part of the interview, from CityWire:
Bolton sees credit crunch as behaviour changing event

Fidelity International’s Anthony Bolton has described the recent events in markets as a watershed for investor behaviour.

Citywire AA-rated Bolton, who has three months left on his Fidelity Special Situations (Fidelity Special Situations Acc) fund before he hands it over to Sanjeev Shah, said: ‘People had bought things they thought were risk-free and have been hurt. This is a behaviour changing event and I believe it will hang over us for a while.'...MORE

If you didn't recognize the name, CityWire says:
Bolton heads list of Citywire's most consistent managers