Bassim Arida Quotes

The market has gone berserk. Forget about rational valuations, price-earning ratios and growth fundamentals, we have turned into a frenzied mob in front of a roulette wheel.

- Bassim Arida

Tags

Market | Berserk | Forget | Rational | Valuations |

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There's a good feeling about the new cabinet, especially as the reformists are still around. We need some continuity as far as reforms are concerned. - Bassim Arida

At least 50 to 60 per cent of the trade is retail and they invest with a very short term view. - Bassim Arida

There's no way this bank should be sold at this price because all the information about the business of the bank, about the balance sheet, clearly states that this bank should be sold around the 61 to 65 (pound per share) level. - Bassim Arida