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.