Howard Marks On Speculative Manias
One of my favorite investing legends is Oaktree Management’s Howard Marks. His investing wisdom and in-depth knowledge of investor psychology and market dynamics are unparalleled. Given the
“speculative mania we continue to watch in the market, I thought a review of some of his previous thoughts is appropriate.
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Over the weekend, I re-read some previous research and ran across an interview between Goldman Sach’s Hugo-Scott Gall and Howard Marks. The talk ranged from investment decisions to behavioral dynamics. While the interview occurred in 2013, it is just as relevant as if he said it yesterday.
One of my favorite investing legends is Oaktree Management’s Howard Marks. His investing wisdom and in-depth knowledge of investor psychology and market dynamics are unparalleled. Given the
“speculative mania” we continue to watch in the market, I thought a review of some of his previous thoughts is appropriate.
Over the weekend, I re-read some previous research and ran across an interview between Goldman Sach’s Hugo-Scott Gall and Howard Marks. The talk ranged from investment decisions to behavioral dynamics. While the interview occurred in 2013, it is just as relevant as if he said it yesterday.
I have annotated some of the points for clarity.
Council Kills Mask Ordinance
LAFAYETTE A mask mandate proposed by city councilman Glenn Lazard is dead.
The city council voted 3-2 to kill that ordinance, which would have required people to wear masks in public facilities. Lazard and Pat Lewis voted for the ordinance. Andy Naquin, Liz Webb Hebert, and Nanette Cook voted against it.
According to council clerk Veronica Williams, the council office received more than 3,059 phone calls about the mask ordinance. Of those calls, 2,060 were against the ordinance; 999 were in support.
The majority of the speakers at the council meeting supported the ordinance. Among those speakers was Dr. Ernest Kinchen. He said it s necessary to protect the lives and the health of the people who not only live in the city, but also those who visit the city.
Books by Amy Lillard and Complete Book Reviews
Kelly Long, Amy Lillard, and Molly Jebber. Kensington, $15 trade paper (384p) ISBN 978-1-4967-0013-1
Three blended Amish families celebrate Christmas in this warmhearted romance anthology. In Longâs âA Sleigh Ride on Ice Mountain,â orphaned Kate is struggling to raise her disabled young brother. Gentle toy maker Sebastian offers Kate a jobâand a.
Jennifer Beckstrand, Molly Jebber, and Amy Lillard. Kensington, $15 trade paper (329p) ISBN 978-1-4967-1163-2
Three worthy women embrace their communitiesâ values and find true love in these sweet novellas. Beckstrand (the Honeybee Sisters series) spices up âThe Reluctant Groomâ with humor as Suvie hangs her hopes on widower Aaron and convinces his.
Institutional Investor. The latter, most recently by everyone interviewed for this article.
After a total of 40 years as the No. 1 analyst in economics on the All-America Research Team, another four in second place, and a single appearance as a runner-up, you might wonder when enough will be enough for Ed Hyman, who is now 75. I was tasked with finding out how much longer he plans to stay in the game. That would be a great scoop. Might he be architecting a graceful exit sometime soon?
The answer is no.
That settled, the assignment to profile Hyman took a different direction.