Aswath Damodaran: Globalization Backlash
April 1, 2025
In his recent article, NYU professor Aswath Damodaran shares his thoughts on how politics, globalization, and disruption has changed the investing landscape.
Bridgewater: A realistic view of 2024
-
By Borsgade
- - Published
In his latest post on Linkedin, Ray Dalio warns against being too optimistic about the economy in 2024. He believes that there are some risks that could lead to a more negative outcome than the market currently expects. Ray Dalio’s post can be read on LinkedIn here.
At the same time, his colleagues at Bridgewater have written quite a comprehensive analysis of the economy, the current market and why in many ways there is talk of going “back to the future”.
We believe we’ve entered a new era characterized by a number of drivers that haven’t been prominent in investors’ memories in many years. Interest rates have regained primacy as the most important lever of monetary policy, inflation is a feature of the economic landscape and creates trade-offs we haven’t experienced in decades, geopolitical tensions are creating new risks and leading to a reconsideration of how the economy is configured, and a healthier private sector has the balance sheet to leverage up under the right conditions, while the government is highly indebted and shifting to play a more direct role in the economy and markets than we’ve experienced in a long time.
All of these create an impression of going “back to the future”—grappling with an investment landscape that contains distinct echoes of a more distant past.
Share the news
Disclaimer of liability
The above has been prepared by Børsgade ApS for information purposes and cannot be regarded as a solicitation or recommendation to buy or sell any security. Nor can the information etc. be regarded as recommendations or advice of a legal, accounting or tax nature. Børsgade cannot be held liable for losses caused by customers’/users’ actions – or lack thereof – based on the information in the above. We have made every effort to ensure that the information in the above is complete and accurate, but cannot guarantee this and accept no liability for errors or omissions.
Readers are advised that investing may involve a risk of loss that cannot be determined in advance, and that past performance and price development cannot be used as a reliable indicator of future performance and price development. For further information please contact info@borsgade.dk
You might also find this interesting:
Bill Nygren: A Modern Approach To Value Investing
March 28, 2025
In this interview, Bill Nygren reflects on his career mistakes and lessons learned. These insights highlight the importance of balancing conviction with caution in investing and the need for value investors to adapt their strategies to include companies with significant intangible assets.
Howard Marks: Value matters more than quality
March 28, 2025
In this interview, Howard Marks shares his investment philosophy and lessons learned over his 55-year career, including contrarian investing, value versus quality and the inevitable market cycles.
Mohnish Pabrai: The Boom-Bust Mental Model
March 28, 2025
In this interview at the 2025 MOI Global, Mohnish Pabrai shares insights on his investment philosophy and current market perspectives. The conversation covers various industries and investment approaches, with particular focus on cyclical businesses and special situations.