Aaron Boesky vindicated by A-share market bottom
We revisit an intrepid market call made in July 2010 correctly picking the precise day of the Shanghai A-share market’s bottom, and feature Aaron Boesky's new prediction for this year.
On July 6, 2010, Aaron Boesky, the CEO of Marco Polo Investments and director of Marco Polo Pure China Fund, spoke to AsianInvestor for a story that we published the following day under the headline: ‘Marco Polo’s Aaron Boesky calls a China market floor’.
He said: “We're calling a bottom in July 2010, and think we are accurate on this call. The reasons being that Shanghai is near the lowest valuation level in history and, at the same time, it is seeing very strong fundamental strength…
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