Howard Marks' latest DEDRA is titled Taking the Temperature Before We Dive Into the Details of it. He revisits five major macro calls that he's made over the course of his investing career. It was the dot-com bubble in the 2000s, pre-2008 about home prices and the middle of the great recession along with March of 2012. Then there's a bit of a discussion about one's risk posture and how that influences investing style.
Another positive sign for the travel industry as Delta raises guidance.
(00:21) Bill Barker and Deidre Woollard discuss: - The surge in international travel and where Delta’s next revenue bump could come from. - What factors could slow the travel boom. - The curious allure of the many flavors of Doritos.
(15:11) The latest memo from Howard Marks takes a look at past cycles. Deidre Woollard and Ricky Mulvey explore the memo and the danger of focusing too much on the big macro.
Companies discussed: DAL, PEP
Host: Deidre Woollard Guests: Bill Barker, Ricky Mulvey Producer: Ricky Mulvey Engineers: Dan Boyd, Tim Sparks
Learn more about your ad choices. Visit megaphone.fm/adchoices