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The Insight: Conversations – This Time Might Be Different with Howard Marks and David Rosenberg
The Memo by Howard Marks
Locking in a Return: The Value of Debt in Uncertain Times
Borrowing money used to be easy with low interest rates, allowing for spending on growth. Now, with higher interest rates, borrowing is difficult. However, investing in debt can still bring a good return since companies can pay back the debt.
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