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Howard Marks - The Day of Reckoning Is Always Coming, the Only Question Is Where and at What Level

June 10, 2014 | About:

Following the tech bubble collapse and then the housing bubble collapse, investors have learned that it is important to pay attention to macro issues.

Howard Marks (Trades, Portfolio) was out in front of both bubbles with warnings about foolish valuations and a pending crisis.

Today he thinks stocks are likely somewhat expensive, but not in bubble territory.

About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

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