Howard Marks Discusses the Interest-Rates Machine
Masters in Business
00:00
Is the Market Cycle a Good Investment?
There's always stocks that seem to become unhinged and take off. Look at what happened with Bitcoin from practically nothing to 19,000. When you consider making an investment, try to figure out has this stock or bond been the beneficiary of a buying frenzy? Or it has been disrespected and downtrodden, in which case it may be worth a good look. And one of the things I didn't get to before was your time at Trust Company of the West.
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