Great Depression

2 statements across 2 episodes · 0 bullish · 0 bearish · 2 people on the record · first statement Apr 7, 2025 by Howard Marks · across every show →

Everything said about Great Depression, oldest first

Apr 7, 2025 neutral
Insight
Marks: Being raised by Depression-era adults instills fundamental investment caution
“If your parents were adults during the depression, they were traumatized, and you grew up hearing things like, don't put all your eggs in one basket and save for a rainy day. I think, if nothing else, that may be a rather, I would say, cautious person.”
Howard Marks Apr 7, 2025 ▶ 7:10 Howard Marks – Navigating Private Credit (EP.439)
Mar 23, 2026
Assertion Supported
Grantham: In the Great Depression, value stocks went bust while quality survived
“What people found in 1929 Is the value stocks had a dangerous tendency to go bust in the Great Depression, and the Coca-Colas that were horrendously expensive did not go bust.”
Jeremy Grantham Mar 23, 2026 ▶ 37:26 Jeremy Grantham – Bubbles, Value Investing, and the Long Game at GMO (EP.493)
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