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AUG 24, 2013 - Zero Hedge

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"There’s No Free Market In Money Today" And Other Observations By Howard Marks

Oaktree's Howard Marks, one of the better investors of his generation, is interviewed by GS' Hugo-Scott Gall on everything from investing choices, to behaviorism and trading psychology, to market cycles, to ZIRP, to the "great rotation", and last but not least, to free markets, or the lack thereof, and central planning, and what happens next. Hugo Scott-Gall: How can we understand investor psychology and use it to make investment decisions? Howard Marks: It's the swings of psychology that get people into the biggest trouble, especially since investors’ emotions invariably swing in the wrong ... Read More

Tags: "There’s No Free Market In Money Today" And Other Observations By Howard Marks,  Warren Buffett Latest News