Investors, cooped up and eager for normality’s return, are mistakenly bidding up share prices, he contends—and it won’t end well.
The two collectively hold around $200 million in shares in Boeing, which they charge with ignoring safety issues around the 737 MAX for years.
Capitalizing on near-term opportunities
Many of the alleged victims scammed out of retirement funds were former San Antonio police officers.
Funds with significant exposure to equities outperformed during the second quarter.
The director of portfolio investments at the Dow Chemical Company oversees the fund’s many European defined benefit plans, including the Dutch plan, two UK plans, two Belgian plans, a Swiss plan, and German plan.
These real estate investments are pandemic investor front-runners, with high returns. But Wall Street euphoria masks weaknesses that can make the long term more chancy.