Michael Steinhardt Urges Investors to Avoid BondsVW Staff
Michael Steinhardt of WisdomTree Investments, Inc. (NASDAQ:WETF) says that it is in your best interest to dump bonds and stick with high yielding stocks. In addition, Steinhardt, 71, believes the Federal Reserve should reconsider its current low interest rate policy. Steinhardt’s WisdomTree hedge fund has given investors 20% a year for almost the past three decades. Steinhardt is now chairman of WisdomTree Investments, Inc. (NASDAQ:WETF . . .
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