Same gentleman was predicting the Australian real estate bubble to pop back from around 2010, along with Steve Keen, Harry Dent, others. Shorted Australian banks in anticipation but his fund lost a lot of money on that one, I think.
Steve Keen, a Professor of Economics, lost a bet with a Macquarie Bank analyst and had to walk 200 km from Canberra to the top of Mt Kosciusko.
Not saying we are not in a bubble, clearly we are. It is just that tops of bubbles are notoriously difficult to pick
https://www.urban.com.au/expert-insights/investing/15180-us-analyst-jeremy-grantham-adjusts-australian-housing-price-bubble-predictions-so-watch-housing-construction-numbers-now
Ann: Half Yearly Report and Accounts, page-165
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.03 |
Change
-0.010(0.96%) |
Mkt cap ! $540.7M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.05 | $1.03 | $1.929M | 1.865M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 642 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.04 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| TYR (ASX) Chart |