Howard Marks At The London Value Investor Conference: A New Market RegimeRupert Hargreaves
Howard Marks, the Wall Street legend and the founder of Oaktree Capital participated in a virtual fireside chat and audience Q&A session at this year’s London Value Investor Conference. The discussion covered various topics, drawing on the investor’s six decades of experience on Wall Street.
A New Market Regime
Marks was at pains to point out he believes we’re moving into a different market regime. He thinks we’re moving into a period of higher interest rates, which could cause problems for many investors who have only seen falling interest rates since 1980. “They think . . .
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