"I would say in the world of biotech, biomedicine... devices are going to measure how we feel, what we do over time is going to be great. I think that's a big area of opportunity for the next few years." - Howard Marks
Takeaways
- Diversification is key in portfolio allocation both broadly and inside asset classes.
- Real estate offers tangible value, income, appreciation, and tax benefits such as the 1031 exchange.
- Investing in startups and private equity can provide higher returns but typically carry higher risks.
- StartEngine is a leading equity crowdfunding platform that aims to provide liquidity and a seamless investment experience for both entrepreneurs and investors.
- Marks has a positive economic outlook over the medium to long term, and views alternative assets as an important part of future growth.
Bio
Before co-founding StartEngine, Howard co-founded video-game giant Activision and was the Chairman of Activision Studios from 1991 until 1997. As a former Board Member and Executive Vice-President of Activision, he and a partner took control in 1991 and turned the ailing company into the $37 billion market cap video game industry leader, selling millions of games. Howard was also the founder and CEO of Acclaim Games, a publisher of online games that was later sold to The Walt Disney Company. Howard is the 2015 “Treasure of Los Angeles” recipient, awarded for his work to transform Los Angeles into a leading technology city, and a member of L.A. Mayor Eric Garcetti’s technology council. He is bilingual and a triple national of the United States, United Kingdom, and France.
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