Marks: Nifty 50 Equities Lost 95% Over Five Years After September 1969
Howard Marks · Howard Marks – Navigating Private Credit (EP.439) · Apr 7, 2025 · at 8:32
Howard Marks of Oaktree Capital Management discusses the market crash of the 'Nifty 50' blue-chip equity bubble after he started working at First National City Bank in September 1969.
0:00 / 0:06exact quote · 6.8s
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“If you held the stocks for five years from the day I got there, you lost about 95% of your money in great companies.”
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