Saudi Prince Losing Money
from the look-at-that-portfolio-drop dept
A look at the portfolio of stocks that Saudi Prince Alwaleed bin Talal invested in at the beginning of the summer. He invested approximately $300 million in stocks such as Amazon, eBay, Priceline, DoubleClick, ICG and InfoSpace. The portfolio, however, has now been cut nearly in half. I think I agree with the overall assesment, though, that he picked stocks that will be strong years from now. He just chose to invest a few months too early.