The pursuit of higher returns requires investors to accept greater uncertainty, a wider range of outcomes, and a higher probability of some negative outcomes, says Oaktree Capital Chairman Howard Marks.
He also said: There are intelligent ways to invest despite extreme uncertainty--including the wisdom to accept when you don't know. 'I Dont Know' is the best conclusion on Europe
Here are the videos:
http://www.morningstar.com/Cover/videoCenter.aspx?id=557469
He also said: There are intelligent ways to invest despite extreme uncertainty--including the wisdom to accept when you don't know. 'I Dont Know' is the best conclusion on Europe
Here are the videos:
http://www.morningstar.com/Cover/videoCenter.aspx?id=557469
