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September 11, 2008
Why Sovereign Wealth Funds are So Shy and Retiring
Lots of people still suggesting sovereign wealth funds as the eventual saviors of the U.S. financials. While that is, of course, possible, it's worth having a gander back at how their last attempt at picking a bottom in the sector is going. Here is a live spreadsheet I created a while back to track their ongoing investments. (And if I'm missing anything noteworthy, let me know.)
With these numbers, I'd be a little more shy and retiring about future investments too.
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