The Knowledge Project with Shane Parrish cover image

#53 Howard Marks: Luck, Risk and Avoiding Losers

The Knowledge Project with Shane Parrish

00:00

The Slowest Recovery Since World War Two

We're in the tenth year of a recovery. This has also been the slowest recovery since world war two. The positive side is that it hasn't been marked by excesses. So my guess is that this recovery will set a record for the longest recovery in history because of the slowness and the absence of excesses.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app