{"id":9271,"date":"2008-12-03T00:00:00","date_gmt":"2008-12-03T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-avenue-capital-says-now-is-time-to-buy","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2008\/hedge-fund-avenue-capital-says-now-is-time-to-buy.html","title":{"rendered":"Hedge fund Avenue Capital says now is time to buy"},"content":{"rendered":"<p><span class=\"Apple-style-span\"><span class=\"Apple-style-span\">Forbes &#8211; <\/span>Financial assets have become so cheap because of the credit crisis that now is a good time to scoop up bargains, the head of one of the world&#8217;s biggest hedge funds, Avenue Capital, said on Wednesday.<\/span><\/p>\n<p><span class=\"Apple-style-span\">&#8216;Now is a phenomenal time to buy, assuming you think we&#8217;re not in a depression,&#8217; Marc Lasry, chairman and CEO of the company, said at the 2008 Clinton Global Initiative meeting in Hong Kong.<\/span><\/p>\n<p><span class=\"Apple-style-span\"><\/p>\n<p>&#8216;We&#8217;re looking at valuations we think are extremely low. Unless the unthinkable happens, you&#8217;ll be fine,&#8217; he said, referring to the investment environment.<\/p>\n<p><\/span><\/p>\n<p><span class=\"Apple-style-span\"><br \/><\/span>  <a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.forbes.com\/afxnewslimited\/feeds\/afx\/2008\/12\/03\/afx5770775.html\" target=\"_blank\"><span class=\"Apple-style-span\">Read Complete Article<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; Financial assets have become so cheap because of the credit crisis that now is a good time to scoop up bargains, the head of one of the world&#8217;s biggest hedge funds, Avenue Capital, said on Wednesday. &#8216;Now is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[408,346,4004,526,1175,229,4005,975,1174,4003,901,2334],"class_list":["post-9271","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-attractiveness","tag-board-of-directors","tag-bombshell","tag-contention","tag-daughter-chelsea","tag-eton-park","tag-harvard","tag-market-exposure","tag-new-wave","tag-pennsylvania-school","tag-tide","tag-wealthy-investors"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9271"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9271\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}