Thursday, July 8, 2010

Great Investment Advice from the Moguls at Sun Valley

The annual Allen & Company Sun Valley Conference is underway in Idaho and the wealth of investment ideas that pour forth from this gathering of the world's greatest business moguls is staggering.


Why do you think all the invited corporate titans attend this event every year?  Why do you think private investment bank Allen & Company hosts it?


To network for sure.  But they network with each other plenty every day of the year.


They go to Sun Valley in July to escape the Manhattan heat and to learn about business conditions from each other.  A glass of Domain Romanee-Conti (or two, or four....) can open a lot of lips.  You learn things you can't read about in Business Week.  You get investment tips over a wink and a nod and by reading between the lines.


Plus where else can you see billionaires like Michael Bloomberg wearing white socks with shorts?


The media is extensively covering the event.  There is LOTS and LOTS for investors of all budgets large and small to learn about the direction of the economy and much more.


You might not have been invited to Sun Valley this year but that doesn't mean you can't learn a whole lot from what is being said outside your presence.


Robert J. Abalos, Esq.