- the source for market opinions


September 21, 2018 | Marks: Waiting for Bargains is Critical and Waiting for them Today is ‘No Fun’

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel ( Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog:

Good historical context in this segment on cycles, behaviors and present conditions.

Howard Marks Investor Series, featuring Howard Marks, W’67, Co-Chairman, Oaktree Capital. Here is a direct video link.

Also see Howard Marks: One thing that makes great investors great:

“Back in the early seventies somebody gave me a great gift and told me about the three stages of a bull market. The first stage when only a few unusually perceptive people believed to understand that there could be some improvement.

The second stage when most people accept that improvement is actually taking place.

And the third stage when everybody and his brother believes that things can only get better forever. You make a lot of money if you buy in the first stage. You lose a lot of money if you buy in the last stage.

You buy the same things, but what matters is when do you buy them and at what price.”

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

September 21st, 2018

Posted In: Juggling Dynamite

Previous: «

Post a Comment:

Your email address will not be published.

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.