Behind The Memo: On Bubble Watch
The Memo by Howard Marks
Understanding Market Bubbles
This chapter explores the phenomenon of market bubbles, examining how investor excitement can lead to irrational behavior and inflated valuations. Using historical examples, it emphasizes the risks of overlooking fundamental valuations and the dangers of assuming perpetual market leadership among companies.
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.
