Real Estate Luminaries 2023 with Howard Marks: “Financial Markets Distress"

Real estate investors losing money is music to my ears. They are a major reason why the real estate market is the way that it is now.

Just because they are great opportunities in the financial market, doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I’ll advise you to seek the help of a professional.

The best way to find that balance between saving and living is by investing. Starting early is the best way of getting ahead to build wealth and smart people will always try to harness any investment opportunity not minding the risks involved.

More immediately than a collapse in the stock or real estate markets, inflation directly impacts people's standard of life. It is hardly surprising that the present market attitude is so negative. If we are to live in this economy, we are in dire need of assistance. ETF and stock markets are still unpredictably volatile, just like the housing market. My portfolio has been reduced to rubble.

The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??

How lucky are we that he shares his knowledge

I think a housing crash will happen because all those people who bought homes over asking price, although it was at a low interest rate, they are over their heads. They have no equity if the housing prices continue to go down, and if for whatever reason they cannot afford the house anymore and it goes into foreclosure because even if they try to sell, they will not make any money. I think this will happen to a lot of people especially with the massive layoff predicted for the future and the cost of living rising at a high speed.

I used to think every investor went broke during recessions, meanwhile some make millions. I also thought everybody went out of business during the Great Depression, but some went into business. Bottom line, there's always depression for some, and profit for others, it all starts from having the right mindset. That said, I've set asides $250k to invest for future, unfortunately l'm a complete noob.

Two I,s and an H : Integrity ,Ingenuity, and Hard Work. A Phillip Fisher quote that will always ring true!!

Finally I found sanity. It is now really hard to find high return on property since the prices went up 4 years ago. I used to get over double digit return of earning to price, but once you adjust for borrowing 90 percent of the cost sometimes, at low interest rate (I perfected at least 20 percent downpayment) my actually return was really high. I was almost able to double my money every 2 years on some properties. It is really hard to have patience in the current market, but listening to Howard Marks reminds me to remain patient and careful. Its like bodybuilding and discipline will win out in the end.

Howard Marks brilliant as always !!!

Great inspiration

The interview is 10/10. Most of the times the guest gets too abstract and speaks in nonsensical terms. Kudos for to the interviewer to keep Mr Marks (who I like) on target. Which is Commercial Real Estate.

Howard Marks is the Martin Scorsese of finance.

Brilliant takes!

Great talks from Mr Howard Marks

Great interview, thank you.

Sometimes God's Greatest Gifts are unanswered prayers. 8:58

My companies usually have CCC bonds 😂. If they trade at 60c on the dollar I get excited while ppl get scared. If they have a strong balance sheet there is basically low risk and high returns

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