Tuesday, December 23, 2008
Is the superyacht market a Bull market ?
According to the French newspaper Le Figaro, Mr Bernard Madoff, the former Nasdaq chairman, is also the proud owner of "Bull", a Leopard 27m built by Arno shipyard.
The yacht, which is registered in George Town, is currently lying in Antibes near a pristine Sunseeker.
A bull market tends to be associated with increasing investor confidence, motivating investors to buy in anticipation of future price increases and future capital gains...