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Advice from Legends in Finance

February 27th, 2008 · No Comments

Three legendary investors discuss the housing market, the state of the US economy, and where we’re headed with Consuelo Mack on Wealthtrack.

Robert Shiller who predicted the tech and housing bubble, founder of the Case-Shiller Index, and author Irrational Exuberance says we have to wait quite a few years for a recovery.

Susan Byrne who was named last year by Smart Money Magazine as one of the world’s greatest investors alongside Warren Buffet says the housing market will recover sooner than Shiller thinks. Unfortunately, she points out that Florida is where the bubble hit the hardest and will take a long time for recovery.

Charles Ellis, author of Winning the Loser’s Game along with just tons of other classic investment books and head of the investment committee at Yale University, talks about protecting investments from market risk.

There’s some great thoughts from people that are way smarter than I am.

Tags: Real Estate Tips