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Podcast: The John Johnston Lounge
Episode: Howard Marks: An Investing Sea Change is Happening!
Description: I discuss the latest interview of legendary value investor Howard Marks, with Bloomberg's David Rubenstein, in which Marks discusses the massive sea change his sees happening in financial markets, what in means, and what he thinks investors should do. See below timestamps:
00:00 The massive sea change in financial markets
01:10 Declining and ultra-low rates since 1980
01:43 The Howard Marks Sea Change Memo
02:44 The importance of rates on markets
04:38 The end of the easy money environment
05:41 The desired rates setting
06:24 How portfolios should be different than before
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