Municipal Bond Forum
Capitalizing on an ill-advised prediction
Q
Please don’t deride Meredith Whitney’s powers of prediction (“Know Your Expert“)! I thank her and FMSbonds for the greatest muni bond buying opportunity of my lifetime. I have her picture hanging in my office and eagerly await her next prognostication. My only complaint: The bonds are being called before I am interested in losing them.
A
James A. Klotz responds:
We are pleased to hear you were able to take advantage of that situation. We don’t think you should expect new predictions from her regarding muni bonds anytime soon.
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