Howard Marks talks about how to outperform the market in 2021. Marks lists the five investment strategies investors can take given the current low interest rate environment. This interview originally took place at the Wharton School of Business in 2020.
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OTHER VIDEOS YOU MAY LIKE:
▪️Charlie Munger: Avoid These Mistakes to Double Your Net Worth: https://www.youtube.com/watch?v=omqdy4_5iXw
▪️Howard Marks on Investing in a Low Interest Rate Environment: https://www.youtube.com/watch?v=MRpgOfSL4TU
▪️Charlie Munger: 100 Years of Wisdom Summed Up in 20 Minutes: https://www.youtube.com/watch?v=S15XpqbUFFA&list=UU2cL3pI1H3tiozKif6A8fmA&index=19
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23 Comments
We are not in a recovery. The labor participation rate is at 1970 levels…
Do you think energy stocks will go up
Want it beat the market buy Tesla
who's the guy on the right?
In wolf of Wall Street his second job as pinksheet broker company name was investor centre. Now I exit.
Brilliant analysis! Thanks for this!
I just finished reading his book mastering the market. It was quite good.
I recommend it 🦧
13:45 golden nugget
Maybe there is one investment with reasonable return and low risk. Berkshire Hathaway. From current modest valuation the return is around 7% per year (cash pile included in the calculation). It's a cash cow and the ridiculous cash pile is a great cushion in case shit happens. With a cash pile like that and a stable 7-8% "modest" return in an either 0% or 50% return crazy risky casino, I'll take Berkshire, thanks.
Restaurants, movie theaters, concerts, sports, copper.
Sooner or later interest levels will rise dramatically. At that point we will have an epic crash. But who knows when it will happen.
Buy Bitcoin. The end
it is really distracting and intimidating looking up at chris, his camera angle is completely wrong
Restaurants will start booming once people have confidence to go out and live again.
🐱👤 It is more the financially endgame… so they had to implement a very authoritarian regime. Covid is the way to implement that. The Rockefeller Foundation simulated that many years before in "lock step". The crises began in Sept 2019 with the repo-rate soaring.
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Be careful with debt, in personal life, in companies and in your portfolio. Better to get rich slowly while keeping a good nights sleep.
I didn't press the like button because it looks so nice with 100 likes and 0 dislikes. Sorry
Why does this not have more views? The content Howard speaks here are gems people pay thousands to listen to in paid classes!
Obviously howard is at super investor status with what he accomplished. I just think he isn’t giving a fair share to concentration. If apple drop 50% for a dump reason then we should take a call option position 6 month out period.
I've never seen a recession where the big 3 have to run their plants full out to meet demand for $50,000 pickup trucks. I've never seen a recession where $400,000 and $500,000 homes sell as fast as they can be built. I've never seen a recession where RV sales and boat sales boomed. This was a recession for restaurants, hotels, airline and cruise ships. The rest of the economy kept on humming and people went crazy with their spending, just in different ways. Could this thing run another year or three? Yes, it's possible. But, at some point everyone is so broke with car payments, house payments, boat payments, etc. that you have a real recession. People are addicted to spending in this country, and that was fully revealed by the pandemic. At a time they should have been saving, they went into massive debt buying big ticket toys and houses. This doesn't bode well for the next downturn.
When was this recorded?
Great video!
😎