Straight– The rich people in the world are not optimistic about the state of the markets, but they have good positions to avoid the "stormy weather," said the founder of a US financial consulting firm.
Michelle Sunfeldt, founder of Tiger Tiger 21, said that her investors moved more capital in the third quarter of this year Real estate and private equity.
The company manages assets of approximately 600 businessmen worth up to 60,000 million dollars, with real estate property accounting for 28% of investment and 24% of private equity.
"You want to have defensive positions, but in a low risk environment, you have to take risks, so you'll risk where you have the experience of owning buildings and building a small business," Sunfeldt told CNN. .
The company's investments continued Reduction of its investments in fixed-income assets, Since only 9% of the portfolio was in favor of these assets due to concerns about raising interest rates.
Regarding the rest of the allocations, the founder of "Tiger 21" indicates that 23% of the portfolio has been assigned to public assets, 5% to hedge funds and 10% to cash.
And it confirms that the members of his company held a meeting and tried to study what is happening in the market and companies and in the US economy. UU., Before they end up referring to the transition from monetary policy to fiscal policy.
Michel Sunfeldt points out that, with respect to Investment in public actions The rich are inclined to companies like Apple, Amazon, Facebook and Berkshire Hathaway.
In spite of the recent losses in the technological actions of the United States, Sunfeldt affirms that it continues being "unique because of his ancestry".
Amazon, which dropped into an area that reflects the bass market earlier this week, continues to rise 37 percent since the beginning of this year and the same for Apple, which exceeds 12 percent since the beginning of 2018 despite recent casualties .
"Anywhere you can find a shopping center on an electronic platform? The best place to do it," he said.
On the other hand, he believes that Facebook shares in the current period opposing winds due to current shocks to his reputation and the possibility of regulation.
In terms of the company's detailed sectors, Sunfeldt explained the healthcare "is the gift it continues to give."