The Memo by Howard Marks cover image

The Insight: Conversations – This Time Might Be Different with Howard Marks and David Rosenberg

The Memo by Howard Marks

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The Implications of the Global Credit Strategy

There's two main changes in credit right now. Yields are high and quality is good. You don't usually get high yields and good quality. The magic is always to make sure you find companies can pay you back. That's what you need to do when it comes to below investment grade credit.

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