Master Investor Howard Marks And Credit Cycles

On today’s show, we talk to billionaire, Howard Marks. Mr. Marks has produced a 19% annual return for the past 22 years investing in distressed debt. He has been a money manager for 50 years and is a renowned luminary in security analysis. IN THIS EPISODE, YOU'LL LEARN: 0:00:00 - Intro 0:01:31 - How Howard Marks invests accordingly to the market cycle 0:07:49 - How to assess where we are in the market cycle 0:11:59 - How Howard Marks can be fully invested, and still be cautious in an overvalued stock market 0:26:36 - What Howard Marks learned from the current cycle we’re in 0:28:40 - Which advice Charlie Munger had for Howard Marks about investing Subscribe to We Study Billionaires podcast show: https://open.spotify.com/show/28RHOkX... To access our show notes, courses, or forums, go to theinvestorspodcast.com. ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ADDITIONAL INVESTING RESOURCES: Ask the Investors: https://www.youtube.com/playlist?list... Asset Allocation Course: https://www.youtube.com/playlist?list... Real Estate Investing: https://www.youtube.com/playlist?list... Millennial Investing: https://www.youtube.com/playlist?list... ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/f... Have a question? Get your voice heard on the show: https://www.theinvestorspodcast.com/y... ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.