Feb 10th, 2025
Calibrate Partners' White: The Magnificent 7 is Overvalued
Europe's considerable discount to the US makes it an attractive target for foreign investors, especially with the news that Elliott has taken a stake in BP, says John White, founder of hedge fund Calibrate Partners. Instead of following the crowd and investing in the Magnificent 7, he recommends finding undervalued opportunities in Europe, especially in the banking sector. He spoke to Anna Edwards, Guy Johnson, and Kriti Gupta on 'Bloomberg: The Opening Trade'.
