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Investors can do some buying as markets are ‘a lot cheaper,’ but key is moderation, says billionaire investor Howard Marks

Updated : April 02, 2020 01:38 PM IST

Speaking to CNBC, billionaire investor Howard Marks said, "I personally think that securities are low enough to buy a little. Somebody said to me, ‘is this the time to buy.’ I say no, this is a time to buy.”
But he urged investors to take a moderate approach in these uncertain times, adding that his approach “is not black or white, buy or sell.
"I never believe that I know when’s the bottom, but I know things have gotten a lot cheaper and it’s reasonable to do some buying. If it goes lower, do more buying," Marks told CNBC.
Investors can do some buying as markets are ‘a lot cheaper,’ but key is moderation, says billionaire investor Howard Marks

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