Comments by "Tasty Pymp" (@tastypymp1287) on "Radical Change in Markets: Howard Marks’ Sea Change" video.

Yes I concur. He did indeed state that. I'm worried that Ramin is showing signs of being a drip fed talking head.
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Ramin keeps talking about how 'successful' the Turkish stock index has been. This is of course a complete fallacy. Turkey's prices have changed in reflection of the dramatic devaluation of the currency. Nothing more. The fact Ramin doesn't understand this basic macro economic mechanism is a concerning reflection of his competence.
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@Chris F Chris. In 2021 it was less than 3 Lira to the dollar. It's now nearly 19. You're talking complete tripe.
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It is 100% responsible for the everything 'bubble' or more importantly the everything revaluation. Bubbles burst. Inflation seldom reverses. For an extreme example, look at the Turkish and Argentinian stock indexes and other asset classes to observe what dramatic currency devaluation results in.
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Is it that prices are 'too high'? Is there such a thing in economics? Surely if people are prepared to pay, the price is correct. If they are 'too high' then they will reduce accordingly as demand drops. Economics 101.
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@michaelfelli7661 I am not mistaken. Don't repeat like a parrot and try again.
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@marakima Source?
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@michaelfelli7661 Who are 'your people' and what endows them with the authority to label and condemn anyone?
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@Michael Felli Are you implying that I cannot be smarter than this Lacy Hunt character you speak of? How would you know?
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Marks and Ramin: Investors facing an environment with a greater default rate. Also Marks and Ramin: So that means it's a great time to be investing in high yield (risk) debt....
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@Borat_Kazakh Why can you expect the 6% average return? Why not expect an average 10% loss per year, every year, for the next 10 years? What's your case? And you better not return to me with 'historic performance'.
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@Borat_Kazakh Now now, I didn't say that, or even imply it. Answer the question.
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@infour44 Incoherent.
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False.
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