June 23, 2015
He’s got lots of cash, but nowhere to spend it in the equity markets. Value investor Hardev Bains, President and Portfolio Manager at Lionridge Capital Management says the markets are expensive and he has yet to buy or sell a stock this year. So what does it take to get him off the sidelines? Bains outlines his buying requirements and holds up Power Corp as an example.
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Source: BNN Bloomberg