Latest memo from Howard Marks: There They Go Again...Again

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#8
http://mobile.abc.net.au/news/2017-05-31...fmredir=sm

This is one asset manager that talks the talk and walks the walk.

IMHO history has shown we never know when is the peak, so maybe a cash heavy portfolio is better at this stage as markets are all getting toppy, so any further upside can be benefitted from, and any sudden downside will not find the investor out of ammunition.

Currently already around 65% cash. Haven't bought anything in the past quarter.


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Virtual currencies are worth virtually nothing.
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RE: Latest memo from Howard Marks: There They Go Again...Again - by BlueKelah - 29-07-2017, 08:43 PM

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