One of investing’s most influential minds has a bold prediction about the future of tech stocks — and it’s not pretty for the likes of Apple and Facebook
|06/14/2018||Posted by BusinessMediaguide.Com under General World News||
- Rob Arnott, the chairman and chief executive officer of Pimco subadviser Research Affiliates LLC, is one of the most influential minds in investing, having pioneered a new technique that’s since grown into a $730 billion industry.
- Arnott issues some tough words for the biggest companies in tech, whose market-dominating valuations are viewed as invincible to many investors.
The way things stand right now, it’s nearly impossible to imagine a world where tech stocks aren’t the most dominant force.
Just take a quick glance at the eight biggest companies in the world right now, of which seven can be classified as read more >>>