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.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
The Investor’s Podcast page executive summary of the book, The Most Important Thing.
Howard Mark’s book, The Most Important Thing – Read reviews of this book.
Benjamin Graham’s book, Security Analysis – Read reviews of this book.
Preston and Stig’s educational stock investing videos: BuffettsBooks.com.

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TIP 073 : Billionaire Howard Marks - The Most Important Thing (Investing Podcast) 46:03 Share

We Study Billionaires - The Investor’s Podcast Network

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