Howard Marks LIVE (Replay) with Barry Ritholtz (Podcast)
Masters in Business
00:00
What's Your Favorite Asset for the Next Century?
I'm willing to be a long-term investor in the emerging markets. Japan and Europe are senior citizens, economically speaking. The US is a mature adult and the emerging markets are teenagers. No matter what approach you have, there will be periods when you're in the dog house. It's how you do when your style is out of favor that determines whether you're excellent or not.
Play episode from 47:50
Transcript
