I took a look at the article "This time isn’t different — billionaire investor warns lazy thinking is taking over markets". In this article, billionaire investor and Oaktree Capital Management Co-Chairman Howard Marks brings up concerns about the current market. He talks about nine hypotheses that were brought up in recent meetings and how they are concerning to hear. He criticizes them saying that the market can't get better forever and that a recession is about to hit. He also talks about if it is a good idea for the government to postpone the recession. He explains that while the government might be able to push away a few small recessions they can't do it forever and eventually they will…
For my TeachEcoknowmics Blog Comment #5 I chose to analyze the article "Slowcession" by Thomas frank. This article posed an interesting view on investment strategies during 2019 and the caution of overdoing to prevent recessions. While Frank did not know the emergence of Covid, it is important to note the observations he made in this article as we did in turn go into a recession with many businesses closing due to restrictions. Frank believes that the economy is cyclical, so there will be ups and downs with investing. There may not be any options that could viably get us to prevent a recession because we do not know what the future holds and doing too much could put the recession…
For my TeachEcoKowmics Blog #5 I found the "Slowcession" article. It is very interesting the way that many have such an optimistic outlook on the economy in this way. I think the term 'lazy thinkers' is a great way to put it. There has been study's on the cycles of the economy and when we can predict a recession, which makes me wonder why these investors think that this time it will be different and will only "get better forever". Sure, I do agree that we do want an optimistic outlook on the economy and try to find any way we can to keep it in a good place, but it isn't smart to throw away the idea that a…
Lazy thinking is such a great description to comment about the minds of the majority. To also include billionaire investor adds in the pinch of salt to the irony I'm noticing. Irony because people clicking on this title values what a 'billionaire investors'" thoughts are, who shares his insight and sort of dumb it down for people to understand his point of view, meaning lazy thinking. Before reading the article, I think lazy thinking means that people aren't doing their own research and are following the herd.
Anyways, Marks questioned theories that he had heard about how recent changes can lead to success in the market and a delay in recession. He writes a list of hypotheses, and of which…
As a civil engineering student with a growing interest in the financial sector, I find Marks' perspective particularly valuable. His emphasis on the unsustainable nature of current market optimism resonates with my understanding of risk management, both in engineering and finance. Just as infrastructure projects require realistic assessments and contingency planning, financial markets demand a similar approach to avoid potential pitfalls. This article serves as a crucial reminder that sound investment strategies should be grounded in realistic economic assessments rather than wishful thinking.
In engineering, we constantly assess risks related to structural integrity, environmental impact, and long-term sustainability. These same principles apply to financial markets, where ignoring economic fundamentals and relying on overly optimistic forecasts can lead to significant downturns.…
I took a look at the article "This time isn’t different — billionaire investor warns lazy thinking is taking over markets". In this article, billionaire investor and Oaktree Capital Management Co-Chairman Howard Marks brings up concerns about the current market. He talks about nine hypotheses that were brought up in recent meetings and how they are concerning to hear. He criticizes them saying that the market can't get better forever and that a recession is about to hit. He also talks about if it is a good idea for the government to postpone the recession. He explains that while the government might be able to push away a few small recessions they can't do it forever and eventually they will…
For my TeachEcoknowmics Blog Comment #5 I chose to analyze the article "Slowcession" by Thomas frank. This article posed an interesting view on investment strategies during 2019 and the caution of overdoing to prevent recessions. While Frank did not know the emergence of Covid, it is important to note the observations he made in this article as we did in turn go into a recession with many businesses closing due to restrictions. Frank believes that the economy is cyclical, so there will be ups and downs with investing. There may not be any options that could viably get us to prevent a recession because we do not know what the future holds and doing too much could put the recession…
For my TeachEcoKowmics Blog #5 I found the "Slowcession" article. It is very interesting the way that many have such an optimistic outlook on the economy in this way. I think the term 'lazy thinkers' is a great way to put it. There has been study's on the cycles of the economy and when we can predict a recession, which makes me wonder why these investors think that this time it will be different and will only "get better forever". Sure, I do agree that we do want an optimistic outlook on the economy and try to find any way we can to keep it in a good place, but it isn't smart to throw away the idea that a…
Lazy thinking is such a great description to comment about the minds of the majority. To also include billionaire investor adds in the pinch of salt to the irony I'm noticing. Irony because people clicking on this title values what a 'billionaire investors'" thoughts are, who shares his insight and sort of dumb it down for people to understand his point of view, meaning lazy thinking. Before reading the article, I think lazy thinking means that people aren't doing their own research and are following the herd.
Anyways, Marks questioned theories that he had heard about how recent changes can lead to success in the market and a delay in recession. He writes a list of hypotheses, and of which…
As a civil engineering student with a growing interest in the financial sector, I find Marks' perspective particularly valuable. His emphasis on the unsustainable nature of current market optimism resonates with my understanding of risk management, both in engineering and finance. Just as infrastructure projects require realistic assessments and contingency planning, financial markets demand a similar approach to avoid potential pitfalls. This article serves as a crucial reminder that sound investment strategies should be grounded in realistic economic assessments rather than wishful thinking.
In engineering, we constantly assess risks related to structural integrity, environmental impact, and long-term sustainability. These same principles apply to financial markets, where ignoring economic fundamentals and relying on overly optimistic forecasts can lead to significant downturns.…