Billionaire investor Howard Marks says financial markets are going through their 3rd 'sea change' of the last 50 years. Here are the 6 best quotes from his letter to investors.

Dec 13 2022 by Business Insider

 

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Billionaire Howard Marks says markets are in the middle of the third "sea change" of his 53-year career.  Previous changes were in risk appetite and in the interest rate environment.  Today, the post-crisis era of low returns is over, and "full returns" are possible but old investing strategies will be tested. 

Howard Marks in his letter to investors said that financial markets are in their third "sea change" he's seen in his 53-year career, and that the strategies that...

Continue Reading Billionaire investor Howard Marks says financial markets are going through their 3rd 'sea change' of the last 50 years. Here are the 6 best quotes from his letter to investors.