Investing strategy for green stocks: Expert sees 'decade-long mania' - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Canada News News

Green stocks more than doubled in 2020. The chief strategist at a $1.1 billion hedge fund of funds breaks down why a 'decade-long mania' still lies ahead amid the global race to zero.

Become an InsiderMarko Papic is the chief strategist at alternative asset manager Clocktower Group, a Santa Monica, California-based alternative asset manager that seeds emerging hedge funds.

In an interview, he breaks down why green stocks are set to surge in a "decade-long mania" even after a more than 100% gain in 2020 and shares two other asset classes where investors can strategically position their portfolios. Born in Belgrade, Yugoslavia , he lived in Jordan, Switzerland, Canada, and Texas before settling down in Santa Monica, California where he serves as the chief strategist of Clocktower Group.

"What I mean by that is that you need to be able to compare different societies in different situations to one another," he said in an interview. "And that really helps me in my job because it's very important to have a comparative perspective, whether it's a historical comparison or international comparison because it really allows you to understand that some things are unsustainable.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market crash: Expert says 40% drop coming amid euphoric episode - Business Insider‘Everything’s turned completely upside down’: A 41-year market vet breaks down why we’re hurtling toward a 40% crash as rampant speculation reaches dangerous heights — and says the market is due for 5-10 years of negative returns Sure Another fear murchant. Are asset values high ✅ are govts throwing everything but the kitchen sink at it✅ will we see another correction ✅ will the markets be higher than today in the long run ✅ Sell sell sell! Meanwhile, many articles after this:
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market crash: Expert warns 70% drop coming as indicator falls - Business InsiderA notorious market bear who called the dot-com bubble says he sees ‘fresh deterioration’ in the market indicator that first signaled the 1929 and 1987 crashes — and warns that stocks are ripe for a 70% drop JohnBlackTweets DelphiConsults JaneMuras What are better options then? Seems the game has changed now. Now central banks are buying stocks with printed money..!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

The CEO who got Alexis Ohanian, Nas to invest in men's clothes rental - Business InsiderMeet the millennial CEO who wants to redefine the ownership of men's clothing, and convinced Alexis Ohanian and Nas to invest
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market valuations: Expert says tech stocks face negative returnsA portfolio manager at a $364 billion firm shares 4 indicators that show just how extreme euphoria is — and warns that the stock market’s highest-valued names could be due for 15 years of negative returns, even if they’re fundamentally sound lmfaooo sure Shut it manipulator I ain’t selling 🗣🗣🗣🗣
Source: BusinessInsider - 🏆 729. / 51 Read more »