Dinakar Singh on slimming down in an "insane" and "dangerous" market
By Rob Copeland
Mon Nov 5, 2012
The TPG-Axon founder endorses stocks over bonds despite choppy environment in an Absolute Return Symposium keynote address.
delivering the keynote (Photo: Axel Dupeux)
The Hurricane Sandy-
damaged crane dangling perilously across from their midtown
Manhattan offices probably posed the most tangible risk last
week to TPG-Axon Capital. But firm founder Dinakar Singh also
saw some to fear in the markets in his keynote address at
Absolute Return Symposium two blocks north.
"It used to be that shocks happened every five years," Singh
warned a standing-room-only crowd. "Now they happen every six
In such a volatile environment, Singh has a somewhat
unconventional view: pick a few...
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