After a wild start to the 2018 trading year, today a legend who oversees more than $210 billion just issued this dire warning.

How To Lose 49-Times Your Money!
March 3 (King World News) – Robert Arnott: 
“What you don’t want to do is take the most expensive things and short them.  There is a wonderful example out of Zimbabwe.  Zimbabwe, when they had their hyperinflation, everybody knows about that.  What’s less well known is that they also had a bubble in the stock market.  As the hyperinflation started to gain traction, there was a six week period in which the currency tumbled 10-fold.  That’s a huge drop.  And the stock market rose 500-foldSo net of inflation, the stock market rose 50-fold measured in US dollars

If you were short, you just lost 49-times your money.  Six weeks later, the Zimbabwe currency had eroded another 100-fold and the Zimbabwe stock market went to zeroIt fell 99.9% and then it stopped trading.  So, 12 weeks before that happened, if you knew that the currency was going to erode 1,000-fold and that the stock market was going to drop 99.9%, you would have said, ‘Oh, this is a great short.’  And then you would have lost 49-times your money before you were proven right.  Bubbles can go on until they don’t…To continue listening to the remarkable KWN audio interview with investing legend Rob Arnott CLICK HERE OR ON THE IMAGE BELOW.

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