One Financial Doomsayer Sees More Doom Ahead


If you had invested $1 million in Andrew Weiss' hedge fund when he opened it in 1991, your stake would now be worth $14 million. But it's not just these stellar returns that have made Weiss one of the best investors of our era. He's also shown a gift for dodging financial bullets — a handy trait at a time when so many once-swaggering investors are bleeding. The flagship fund at his Boston-based company, Weiss Asset Management, hasn't suffered a single losing year in 17 years. Even amid the carnage of 2008, he has eked out a small profit — so...

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