I sometimes wonder whether folks realize *what* they're being interviewed for...or just don't care. As in, Fortune--read by hundreds of thousands of people, many of whom aren't "whatever will make the most money I'll buy, regardless of what it is" investors--hosted a group of investment fund managers to offer 2015 insights. And...
...Rajiv Jain (Vontobel Asset Management) had this to say on where he's putting money right now: "We love tobacco. We have a lot of tobacco because the companies have tremendous pricing power..." Yeah, addiction will do that for you.
- walt crawford
(I might expect that in Forbes or some hot investment newsletter, maybe even at WSJ. Not so much at Fortune. Of course, it was Jain's opinion, not Fortune's.)
- walt crawford