Offense or Defense? Positioning Portfolios in Today's Market with Howard Marks and Alper Daglioglu | Brookfield

> "In this market, optimism is in the ascendancy... prices are probably high relative to intrinsic value, prospective returns are modest, and uncertainty risk is relatively high." — Howard Marks (Discussing the current state of the market cycle) [[00:02:04](https://www.youtube.com/watch?v=YVe2enQ0SOw&t=02m04s)] > "The riskiest thing in the world is the belief that there's no risk. One of the safest things in the…