active management
2 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement May 4, 2026 by Howard Marks · across every show →
Everything said about active management, oldest first
May 4, 2026 neutral
Marks: Psychological barriers prevent most investors from buying during market panics
“The bad times create an opening for active management. But it's still hard, and not many people can do it well. Why do bad times create an opening? Because panic drives down, let's say, stock prices. But the same panic causes most people to panic, which means …”