Amar Narayanan

Will 2008 Be the Year of the Bear?

Opportunities exist all year round... but it requires a discerning eye to figure it out. Some smart minds are clearly jumping in... look at the spending spree Warren Buffett has been in... look at timing of the number of distressed debt funds from very sophisticated investors.

As regards the stock markets, I personally believe some more excesses would have to be unwound before stocks become bargains.