
The Rewind: Calling The Market
The Memo by Howard Marks
The Pandemic Memo
The S&P hit its low on March 23. From there for the next 21 months, basically through the end of 2021, the market went straight up. Given the price drops and selling we've seen so far, I believe this is a good time to invest. No one can argue that you should spend all your money today, but equally no one can argues that you shouldn't spend any.
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