cover of episode TIP 073 : Billionaire Howard Marks - The Most Important Thing (Investing Podcast)

TIP 073 : Billionaire Howard Marks - The Most Important Thing (Investing Podcast)

2016/2/15
logo of podcast We Study Billionaires - The Investor’s Podcast Network

We Study Billionaires - The Investor’s Podcast Network

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Shownotes Transcript

IN THIS EPISODE, YOU’LL LEARN:

  • How Preston’s short position of junk bonds is performing.

  • How any asset is attractive at the right price, and how no asset is attractive at the wrong price.

  • Why value investors should be attentive to credit cycles.

  • How all financial markets are swinging like a pendulum and how to profit from it.

  • Why value investing is like tennis for beginners.

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