UBS' Mark Haefele – The New Rules of Investing From A $4 Trillion Investment Advisor | #577

Today’s guest is Mark Haefele, the Chief Investment Officer of UBS Global Wealth Management where he advises on over $4 trillion. He’s also the author of ‘The New Rules of Investing.’ In today’s episode, Mark emphasizes the significant role of government spending in shaping investment decisions. He touches on the importance of asset allocation and discusses the challenges of generational wealth transfer. Mark also introduces the concept of the three L's—liquidity, longevity, and legacy—as a framework for effective portfolio management.