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Oaktree Howard Marks: Masters in Business (Audio)

Masters in Business

00:00

What Stage of the Bull Market Are We In?

Bruce Carr: Most things prove to be cyclical. Some of the greatest opportunities for gain and loss comes when other people forget rule number one. There's very little that you can buy today for less than it's worth. Psychology is a little bit on the positive side. I don't think too many people are excited about buying today. And yet they are buying. Why I call them hand-cuffed volunteers.

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