, in an attempt to urge investors to save"every nickel" they can and keep cash instead of diving into stocks.
"I think the market right now is a great speculation," the media mogul said, citing the uncertainty around the US presidential election as an increasing near-term concern. "We've got the anvil of this election over our heads. Each day from now until November is going to get more and more concerning ... and more and more difficult," Diller added.
Pouring money into Biden and scaring people into selling stocks so he can buy on the cheap. What an Ahole.
Guy is a crook..
Think back to 2013 when the government of Cyprus froze bank accounts across the entire country. For weeks no one could access their bank balances. Clearly in an instance like this, the value of a bank balance becomes worthless. Physical cash was the only way
He's not wrong.
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Billionaire Barry Diller calls stock market 'great speculation,' urges everyone to save cashBillionaire media mogul Barry Diller urged investors to maintain sizable cash positions following the stock market’s robust rally from coronavirus-induced lows in late March. Hi! I am a professional logo designer. I design the best logo for your company. Inbox me for more details. Order my gig link- logodesigner logo Flat minimalist signature vintage Creative businesslogo Modernlogo professional Bs Rich guys talking to rich guys.
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