Howard Marks On Value Investing In Different Market 'Environments.'

Howard Marks the legendary value investor, and Chairman of Oaktree, talks about value investing in various market ‘environments’ in this video interview. Marks notes that it is much easier to make money when investors are depressed. However, buying when market levels are high create tailwinds. Howard Marks recently spoke at the completely online Value Conferences. Check out more info on their latest upcoming conference here-Best Ideas 2013. The video is embedded below: