Howard Marks Discusses the Interest-Rates Machine
Masters in Business
00:00
Investing in the Markets Is Dominated by Humans
The current level of inflation is unusually low. Usually when we have such a low unemployment rate and such economic growth, we start to get higher inflation. We're not getting it. So, we don't know for sure. Nobody can tell you answers on these questions which are dependable enough to be investable. That's really the purpose of the book.
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