//
archives

Archive for

Howard Marks and the temperature of the stock market

I’m a little frustrated at the moment as it is proving difficult to identify attractively priced businesses to invest in. My portfolio remains 100% in cash given the recent all-time highs reached in US equity markets, with the S&P 500 up nearly 11% for the year-to-date, and general exuberance in European equity markets – the … Continue reading