Jerry Jordan, master investor, sells shares in Google and Apple
One of the top growth investment managers in the country told Reuters in an exclusive interview that he is selling shares in U.S. companies that are considered growth stocks, particularly Google (GOOG) and Apple (AAPL). Jerry Jordan of The Jordan Opportunity Fund is investing in China now because "the growth is much faster, it's much more of a green field opportunity."
It would be hard to get most growth investors to take Jordan's side. Google is still considered the fastest growing large Internet firm in the world, and Apple the world's most successful creator of consumer electronics. There is, however, some logic in Jordan's view, particularly on Apple.