We have noted here before that Anthony Bolton is about as close as the British investment community gets to a Warren Buffet-style “investment sage”.
So each time, Bolton, now semi-retired from Fidelity International, says something we sit up and take notice – even if we get a distinct feeling of déjà vu.
From Reuters on Wednesday afternoon:
Fidelity’s Bolton says stock markets are “at or near” lows.
Fidelity’s Bolton sees short term recovery potential in mining stocks.
Fidelity’s Bolton: rights issues provide good entry point into property stocks.
Bolton says next quarter is key to market recovery, expects positive news.
Bolton says quantitative easing positive, to reduce liquidity premium on credit.
Time to break out the Rally Monkey then? Or maybe not.
Related Links:
Bolton, the bottom picker – FT Alphaville
Anthony Bolton: How to spot the market’s turning point – FT.com