Wilbur Ross Is Bargain Hunting at Sea and Underground

By
Harvard Zhang
  • Shipping stocks still undervalued compared with vessels
  • Targets are harder to find as markets and economy diverge

Wilbur Ross on Distressed Investing Opportunities

Billionaire investor Wilbur Ross said he’s scouting for distressed companies in marine shipping, machinery and mining, but opportunities are becoming scarce as soaring financial markets disconnect from actual economic growth.

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