Mar 25, 2011

Barton Biggs isn't fazed by a couple of black swans flapping around out there

We've certainly had a number of black swan crises, back-to-back, and that's always very disconcerting. But how do I feel now? I sort of feel that we've got through a couple of them and there's still a couple of black swans flapping around out there, but unless you come up with a dire scenario I think we're going to extend the rally back through the highs of a month ago and hopefully further than that.

~Barton Biggs, managing partner, Traxis Partners, Bloomberg News interview, March 24, 2011

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