Further Thoughts on "Sea Change"
The Memo by Howard Marks
00:00
A Sea Change in the Investment Environment
This chapter explores the significant changes in the investment landscape, including the impact of low interest rates, rising inflation, and the need for capital reallocation. It highlights the potential consequences of sustained low interest rates and discusses the challenges in finding bargains in the current market. The chapter emphasizes the importance of understanding how different environments can lead to drastically different investment strategies.
Transcript
Play full episode
