Million Dollar Portfolio Challenge

Robert Levitt, CIO of Levitt Capital Management, LLC, on Bloomberg Asia and CNBC Asia, in Singapore, May 21 and 22, Respectively

Boca Raton, FL. (PRWEB) May 16, 2007 -- Robert Levitt, Founder and Chief Investment Officer of Levitt Capital Management, LLC, will appear live on Bloomberg TV Asia and CNBC Asia TV in Singapore, May 21 and 22, respectively.
   
He will discuss events in the financial news that week, along with his thoughts on the global economy and financial markets, investments, and his outlook for 2007. In addition, he will talk about the impact of recent elections in France and Nigeria on global investing.
   
"We own South African media and telecom companies in our portfolios for clients. The use of cell phones is booming on the continent. It's much easier to call for the price of cattle, then walk miles to the market to find out. Also, as newspapers in the U.S. are in decline, they are advancing in Africa. Literacy rates are on the rise, and so too is the reading of newspapers," said Mr. Levitt.
   
He continued with comments on the French election, "I am optimistic about the prospects of Europe since the election of Sarcozy in the runoff. Europe could be a force again, especially
if elections in Germany go the same way."
   
According to Mr. Levitt, for the first time in history there is synchronized growth around the world and the U.S. is playing catch up. He says developed countries are running out of workers and therefore there is a cap on growth because of a lack of young, skilled labor.

Levitt Capital Management LLC, headquartered in Boca Raton, Florida, is an SEC registered investment advisor founded in 2000 by Robert Levitt. It manages $400 million for wealthy families throughout the world with a $3 million minimum of investable assets. It specializes in managing global portfolios for clients invested in global stocks purchased on foreign and domestic stock exchanges with the goal of absolute positive returns. The website for further information is www.lcmadvisors.com. The new European office address is 12/14 Rond-Point des Champs-Elysées, Paris, France 75008.               
   
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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