Secrets from a billionaires’ lunch

Australian stocks were one of the menu items at a high-powered US lunch series attended by billionaire investors.

PORTFOLIO POINT: Shorting Australian stocks in tandem with the slowdown in China was a discussion point at a recent luncheon series, where billionaires chewed the fat on world affairs.

For several decades I have organised a series of “benchmark” lunches on Fridays in August for serious investors who spend their summer weekends in eastern Long Island.

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