This is Howard Marks.
• Many people seem to attach less importance to lifetime careers and advancement.
Howard Marks • Howard Marks Memo - The Winds of Change
he most important adage regarding leverage reminds us to “never forget the six-foot-tall person who drowned crossing the stream that was five feet deep on average.
The Impact of Debt
That one is the fact that as technology and information play a bigger role in business and our lives, labor becomes less necessary