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QUAPTER 2017 es |G Ma | otic Director of Equity Research 212.549.5232 [email protected] traded corporatio
, Shanghai and Shenzhen. It is no wonder Chinese investors have bid up property prices in many major cities around the globe. As a sign of the times, Warren Buffett’s Berkshire Hathaway HomeServices has recently teamed up with China's Juwai.com to bring American residential property listings to China. An Under-App
Page: HOUSE_OVERSIGHT_012085 →around the globe. As a sign of the times, Warren Buffett’s Berkshire Hathaway HomeServices has recently te
Page: HOUSE_OVERSIGHT_012085 →hs Global Investment Janet Yellen, exchange with Research, December 8, 2016. ABC News reporter Rebecca pa
agement Division Insight Emerging Markets: As the Tide Goes Out = _ “It’s only when the tide goes out that you learn who's been swimming naked.” Warren Buffett, 1982 Letter to Berkshire Hathaway Shareholders 22 | Goldman Sachs | JANUARY 2017 HOUSE_OVERSIGHT_014555 --- PAGE BREAK --- Exhibit 22: ISG Prosp
Page: HOUSE_OVERSIGHT_014556 →hat you learn who's been swimming naked.” Warren Buffett, 1982 Letter to Berkshire Hathaway Shareholders
Page: HOUSE_OVERSIGHT_014556 →Investment Strategy
ation. Fac pa | ities. None of MLPF&S, any of i Research policy prohibits rese containing such rating, rec
ties in February. Think of selling defensive equities and bonds and buying banks post-Brexit. None of us will get that right all of the time, but the Warren Buffet maxim “be greedy when others are fearful and fearful when others are greedy” is particularly useful in current markets. Finally, as cross asset inve
Page: HOUSE_OVERSIGHT_014434 →Entities connected to both Warren Buffett and ABI Research

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