Chapter
What's the good news?
1:09:29 - 1:18:00 (08:31)
The economy is functioning at a high level.
Clips
The US economy is functioning at a high level with low unemployment and stock prices only slightly expensive, although interest rates are likely to increase and the possibility of a trade war suggests uncertainties in the macro and geopolitical world.
1:09:29 - 1:12:15 (02:46)
Summary
The US economy is functioning at a high level with low unemployment and stock prices only slightly expensive, although interest rates are likely to increase and the possibility of a trade war suggests uncertainties in the macro and geopolitical world. Investors are not thinking bullish but acting bullish, moving into higher risk investments to get higher returns, which makes the world a riskier place.
ChapterWhat's the good news?
Episode#338: Howard Marks — How to Invest with Clear Thinking
PodcastThe Tim Ferriss Show
Howard Marks, Co-Chairman of Oaktree Capital, discusses the firm's cautious approach to investing in risky asset classes, urging investors to move forward with caution but not to panic and sell on lows.
1:12:15 - 1:18:00 (05:44)
Summary
Howard Marks, Co-Chairman of Oaktree Capital, discusses the firm's cautious approach to investing in risky asset classes, urging investors to move forward with caution but not to panic and sell on lows. He reminds listeners of the twin risks investors face every day: the risk of losing money and the risk of missing opportunities.