Credibility Through Crisis
Michael discusses the pivotal moments in the 1970s that reshaped investment strategies, emphasizing the stark contrast between predictions and reality. He highlights how the failure of the nifty 50 and the rise of non-investment grade debt opened new avenues for investors seeking alternatives. The importance of credibility is underscored, revealing how past insights gain weight only through the unfolding of significant market events.In this clip
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Capital Allocators – Inside the Institutional Investment Industry
Top 5 of 2024: #2: Michael Milken - EP.371
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