John Burbank (video) of Passport Capital has put 15% of his $4B fund into Saudi Arabia which...
John Burbank (video) of Passport Capital has put 15% of his $4B fund into Saudi Arabia which should benefit from a bigger opening of the market to foreigners (of which only 1% of the market is owned). Also helping, of course, is easy central bank money around the globe which should continue juicing oil. GAF +13.8% YTD.
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