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PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Friday 17 January 2020

Stocks and cycles in 2020

Market cycles

Listen to the master of the market cycle, Howard Marks, speaking at Bloomie this week here (or click on the image below):


Uncannily we put out a few pieces on the theme of ‘thinking in bets’ only recently.

From 6 minutes in, notes Marks:

-buying stocks regardless of price is a recipe for disaster

-index funds promoting and people saying 'no price too high' is the ultimate sign of a bubble

-it's not what you buy it's what you pay for it - price always matters