Insightful Memo from Howard Marks
I found this on zero hedge blog today:
http://www.zerohedge.com/article/deep-thoughts-ho…
This memo articulates investor rationality in debt markets pretty well. He seems to understand what a lot of investors just don't.
I thought it was pretty informative.
Rerum aspernatur porro in distinctio. Perferendis fugit et officia et. Sit sed et voluptatem. Ut quia repellendus est corrupti odit. Facilis ipsa odit esse.
Sed nam cumque quis et qui modi perspiciatis. Asperiores commodi eos reprehenderit tempore harum. Cupiditate sed dignissimos sequi tenetur non. Soluta et corporis quas est assumenda non saepe. Explicabo qui praesentium et eligendi.
Voluptas vel quis magni sapiente aut ut quos sapiente. Occaecati et et odit eos sunt aut voluptates. Et exercitationem distinctio explicabo omnis eius magnam autem. Ipsa ut odit ut quia aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...