The philosophy of investing Future Investment Initiative 2019 Day 2

The discussion at the Future Investment Initiative 2019 delves into the current economic and social landscape, emphasizing the impact of global uncertainties on investing. Panelists, including Bruce Flatt and Howard Marks, highlight the challenges and opportunities in the current investment climate, particularly in distressed debt investing. They stress the importance of caution and prudence in investing, given the current economic cycle, and emphasize the need for localized, in-depth information to make informed investment decisions. The impact of technology on investing is also acknowledged, with a recognition of the need to anticipate and adapt to technological disruptions in traditional industries. The panelists caution against overvalued assets and advocate for a balanced, cautious investment strategy. Overall, the discussion provides valuable insights into responsible capitalism, the impact of technology on investing, and the need for a prudent approach to investing in the current economic environment.