Howard Marks Discusses Twitter and Bubbles

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Nov 08, 2013
Howard Marks is on a road trip overseas.

He stops in with Bloomberg to discuss a variety of issues.

The first subject is Twitter about which Marks wonders if the people buying the stock have any idea what valuation is.

Marks thinks this Twitter IPO is solid evidence that the "race to the bottom" has resumed.

Lots of good stuff in the video below: