Sell everything! My challenge to Andrew Roberts of RBS
Andrew Roberts, the “sell everything” analyst at RBS, has certainly gained a lot of coverage for himself and his business. If that was the aim, it was a great success to write such headline grabbing 'research' on the hope the media would run with it. So ten out of ten for Andrew. But the work prompted me to think about what Andrew was actually saying and I am wondering whether he is will to put his money where his mouth is. To that end, I sent his the following email. Dear Andrew I note with interest your “sell mostly everything” note from earlier this week. I think you will be wrong and in the spirit of the market and healthy competition would like to offer you a chance to personally benefit from your forecast. How about a bet of, say, A$10,000 that more than half of the items in list below will be stronger on 31 December 2016 than they have been in recent days? See the full email at this link (VIEW LINK)