Elliott Asset Management
Commentary
Weapons of Mass Poverty
Modern financial management dogmas may be fundamentally, terminally, and irreparably flawed ? and may be key ingredients in modern asset bubbles. I believe what could be the most serious catastrophe to face retirees and other investors since The Great Depression may be currently underway and, as in past recent financial catastrophes, most investors and financial ?professionals? will fail to act ? despite what appears to be clear writing on the wall.