BlackRock's Rick Rieder on the State of the Markets | #446
The Meb Faber Show - Better Investing
What Are Some of the Weirdest Places in Fixed Income?
A lot of these securitized markets, one thing I've learned about investing, everybody likes to do the cool stuff that everybody's talking about and then CNBC is active. People are willing to take some coordinated risk or take equity risk at levels that make absolutely no sense. That's a place where it's not that liquid. They're not that many names you could play in, but I love playing in that space because it's not well-trung and you get some really funky dynamics to it.
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