11min chapter

The Memo by Howard Marks cover image

Mr. Market Miscalculates

The Memo by Howard Marks

CHAPTER

Navigating Market Volatility

This chapter examines recent fluctuations in corporate profit margins and employment statistics, while highlighting the impact of key events, like Warren Buffett's Apple sell-off, on the stock market. It delves into the psychological aspects of investor behavior, emphasizing the emotional responses that can lead to irrational market decisions. Additionally, the chapter discusses the relationship between rising interest rates and market performance, advocating for a balanced perspective in investment strategies.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode