
The Rewind: Ditto
The Memo by Howard Marks
Risk and Return Today, 2013 Version
When investors are sanguine, risk is high and when investors are afraid, risk is low. Investors are highly aware of the uncertainties attaching to the sluggish recovery. Their pro-risk behavior is having its normal dangerous impact on the markets. These people aren't buying because they want to but because they feel they have to.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.