Nifty Fifty

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Aug 30, 2022 by Howard Marks · across every show →

Everything said about Nifty Fifty, oldest first

Aug 30, 2022 bearish
Assertion Contradicted
Marks: Holding the Nifty Fifty for five years from 1969 wiped out capital
“If you bought the nifty 50 the day I got to work, and if you held it tenaciously for five years, you lost almost all your money in the best companies in America for the main reason that they had been priced too high.”
Howard Marks Aug 30, 2022 ▶ 22:37 Howard Marks & Andrew Marks: Something of Value · Acquired
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