TIGER 21 FOUNDER ADDRESSES COVID-19 AND MARKET SENTIMENT ON CNBC.COM

Author

TIGER 21

Published On

March 9, 2020

TIGER 21 Founder and Chairman Michael Sonnenfeldt was interviewed by CNBC journalist Darla Mercado regarding sentiment around coronavirus (COVID-19) and wealth preservation.

The following topics were covered:

  • Members’ focus on building an all-weather portfolio with an emphasis on a “cash cushion”
  • Plunging markets result in trading halt due to COVID-19 fears
  • High-net-worth individuals’ preference for investing capital in small companies where they can share expertise
  • Real estate remains the biggest share of Members’ portfolios with 28% of their allocation

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