In his 1977 Fortune article, How Inflation Swindles the Equity Investor, there’s a section titled – The investor’s equation in which Warren Buffett delivered a sobering analysis of how inflation and valuation affect investment returns. More than four decades later, his insights remain just as relevant. Buffett makes it clear … Read More
Howard Marks: Is Now the Time to Exit the Market?
In this interview with The Market, Howard Marks suggests that stocks are currently overvalued by 20-30%, with a 60-65% probability the market will be lower in a year. However, there’s still a 35-40% chance it could rise, highlighting uncertainty. While a downward tendency exists, it’s not a certainty, and valuations … Read More