Unlock the secrets to smarter investing with ‘The Ultimate Howard Marks Risk Management Guide’—a curated collection of his most valuable lessons: https://www.pages.investorcenter.co/marks-1/
Howard Marks is warning of a lost decade for the US stock market. That’s one of the most successful investors of our generation – the man who built Oaktree Capital into a $200 billion powerhouse – essentially saying the golden age of easy stock returns might be over.
Here’s what makes this even more alarming: the S&P 500’s P/E ratio today isn’t 23 anymore. It’s 30. We’re in territory that’s historically led to disappointing returns or worse. Think about it – you could put your money in stocks today, wait ten years, and have roughly the same amount you started with. Maybe less after inflation eats away at it.
But here’s what most people miss about Marks’ warning. He’s spent 50 years navigating exactly these kinds of markets, and he has a playbook. Today, we’re breaking down not just why Marks thinks we’re heading for a lost decade, but more importantly, his defensive strategy for protecting and even growing wealth when everyone else is running in place. By the end of this video, you’ll understand why optimism is dangerous right now, what Marks’ “Investcon 2” means for your portfolio, and the specific moves you can make to avoid becoming a casualty of the next market reset. Let’s dive in. But before we jump to solutions, we have to ask: why are investors still buying if future returns look so bleak?
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Unlock the secrets to smarter investing with 'The Ultimate Howard Marks Risk Management Guide'—a curated collection of his most valuable lessons: https://www.pages.investorcenter.co/marks-1/
Really valuable video. Thanks for your added analysis, it’s really helpful
How do I SAFELY get 7 percent interest, can someone point me in the right direction for that? As far as I know bond holders trying to be 'safe' got CREAMED in 2022 even worse than stockholders. I'm at invescon 6 right now, 98% cash, 2% Palantir puts.
Just a personal theory/opinion, but I think lost decades are a thing of the past. The fundamental reasons for that theory involve how fast the economy now moves, along with the fact there's more understanding of the market to address issues (and ability, due to the first point). I don't want to get too into the specifics of all that, but it's fairly obvious when you consider how easy it is to buy and sell stocks nowadays vs. just 10-15 years ago (and not just at a consumer level, which is chump change in the grand scheme of things). You can also consider the immediate effects rate changes and QE/QT had at various times in the last decade or so.
Even the last lost decade seems to be taken out of context, because it included two massive crashes. And at least one of which involved fraud and practices that have now been corrected. Sure, there are still probably holes and bubbles out there… and we'll have our inevitable downswings, but it would take A LOT to truly see something remotely close to a lost decade again. A global pandemic surely couldn't didn't cause it. Nor did 0% rates, massive tariff overhaul, AI bubble, etc.
The problem with bonds is that you are just guaranteed to not make money after inflation. A better alternative is something like European value stocks. Very cheap, priced for great returns. Will outerpfrom S&P 500 and will outperform bonds.
Signed up for the guide. I got a lot of messaging to get me to sign up but i did not receive the free guide.
I started my investment journey just a few months ago with a capital of $30,000, and today l'm
already in profit of $230,000. This was only possible thanks to the educative videos that guided
me along the way. 'im truly glad to share my experience here
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Uh huh sure lil bro
thank you for ur opinion
Bogle said the same about 7-10 years ago about lost decade. For some industries that's true but not for new industries 😊
You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k in a meme coin & for just few months and now they are multi millionaires I pray that anyone who reads this will be successful in life
Let him warn. We are BY FAR not in bubble territory like in 1999, lower corporate tax, less healthcare costs for companies = potential record profits for Corporate America.
And of course long-term, that means rising stock prices. It's pointless to warn of market tops / lost decades.
Your video is useless, what he says is clear and doesn’t need your comics explanations. You’re just steeling a video from another channel.
IF AI raises productivity that will cost a lot of jobs. Who will buy all that stuff than? Who needs all that AI produced stuff? Are cloud centers really a bargain for us?
It really just depends on what you are investing in. Just doing a total market or S&P500 etf or fund ? It might not perform good. In this market you have to really pick out specific stocks and diversify for a possible downturn. Adjust your portfolio regularly. EDV and BTAL might be a good place to start building into a decent portfolio percentage position
Check back with me in 10 years bet im up a lot
Go short the market? That’s Michael Bailey!
We will be what Japan was. Japan did exactly what we did.
He didn’t said that
Lost decade is the best for dividend investors.
The world is get your miles driven done with or get your explanation out this earpiece
Ai could improve productivity** ive been hearing this for years and the evidence that is isnt and wont is there, open ai is involved with other tech giants in a scheme to artificially boost revenue figures in an effort to look better on paper to maintain artificial demand, anyone who learns the truth of whats happening knows better than to believe their hype
As much as I dislike these simplistic cartoon videos….. its hard to disagree with the premise.
$Trump 2.0 can take inspiration from Marianne Akkermans' proposal for a constitution based on the 'right to truth', 'right to uniqueness', and 'right to freedom'. However, he must distance himself from the @SuperWil network and its claim to absolute truth, which is presented as a dogmatic and potentially authoritarian alternative for CHANGE, Yes 1T CAN. Instead, SC0TUS can advocate for a constitutional reform that embeds transparency and truth-seeking mechanisms, but in a pluralistic and democratic manner. This would align with Melania's Christian values of truth and justice, while avoiding the trap of a single absolute truth (which can be divisive).
I really like the drownings.
A lot of experts are creating the blow that will eventually come, not predicting it. A wise man said many years ago, no one knows what a day will bring, what we do know is that analysts are 50 percent biased. Now, when we talk about the SNP500's performance, we are mainly talking about the 5 tech companies that trade beyond any proportion. The other companies that trade according to their value, I see no reason why the economies would be stressed, I'm talking about sectors like health, food, and gas.
It is as Epstein as it could be!
Another negative headline video
Marks isn’t bearish, he’s realistic. If returns were borrowed from the future, the next decade might just be the payback period.
I just have to applaud your content man, well done. Long term investor's know that the market and economy will recover eventually, and investors should be positioned for such a rebound, I gained $380k from bitcoin of 2021. Before the market crash and now am buying again, adding more at a time. Having a good financial advisor like Nicole Eitel, it will add to your success in the crypto market.
Small cap value stocks from specific funds have outperformed the SnP over the last five years.
There’s no beating stocks
So how is an old video relevant for today, other than to control people into being on the side-lines as the market goes up week in week out. Let people make up their own mind.
With the knowledge of an expert, What's the smartest approach to turn a profit here? No hype, just something that works?