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Howard Marks discusses 'investment exits', the U.S. stock market is too expensive, and capital may shift to cryptocurrencies
Recently, as the U.S. election dust settles and market uncertainties gradually dissipate, many companies have begun to adopt more aggressive investment strategies. Against this backdrop, Howard Marks, co-founder of Oak Tree Capital Management, has expressed a series of viewpoints on 'investment exit', sparking widespread attention in the market. Marks believes that the current valuation of the U.S. stock market is too high, and investors should consider timely exits from some investments while seeking new investment opportunities. Among them, cryptocurrencies as an emerging asset class may become a new direction for capital.
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