Word: zuckerman
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Dates: during 1950-1959
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Mysterious Trio. The man who is destined to win the Grail through his design for a festival pavilion is of a different, tougher breed. Marko Zuckerman's eyes speak, "Mongol-wise," of historic rapacity and plunder. His past is a mystery; all that is known of him is that he fled Hungary after World War II, showed up briefly in Paris with a big wad of money, then settled in Britain to amass more...
Many of the experts, who only a few months ago were predicting that the market would go down, joined Tabell in seeing a big rise ahead. Yet Wall Street was hard-pressed to find logic in the rise. Said Daniel L. Gutman, partner of Zuckerman, Smith & Co.: "The ravages of inflation are over for at least the next two years. To buy stocks today only as inflation hedges is like locking the barn after the horse...
...Daniel L. Gutman, partner in Zuckerman, Smith & Co.: "The market is enormously dangerous at current levels. There is a great deal of ignorant and superficial buying which is using inflation as an excuse. Unless inflation shows up in earnings and dividends, this reasoning is stupid. The market over the next six months will sell materially lower, touching last fall...