$S&P 500 Index (.SPX.US)$ He said he was shorting tech back ...
$S&P 500 Index (.SPX.US)$ He said he was shorting tech back in March after the NASDAQ had already fallen 12%. Then he said in the spring that he was shorting semiconductors, and they’re up substantially since then. It’s unclear why CNBC continues to interview him.
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Krishias Future : That's vintage Niles. If he was half as good at investing as he is about whining; he wouldn't have to come on television to hawk his snake oil opinions. CNBC and Niles are made for each other..
BLACKER-ALX : Yea, and I remember he tried to call the bottom in Chinese stocks and that falling knife
cut him badly!
Brandon Loo : most fund managers are just glorified salesmen