This is Howard Marks.
Howard Marks MASTERPIECE Lecture for Stock Market Investors (Must Watch!)
youtu.be“I don’t write to make investing easy. I write to show how hard it is so that people won’t try tricks that they can’t do.” -Marks
“One of the biggest mistakes you can make is to think that overpriced and going down tomorrow are synonymous. Markets that are overpriced often keep going.” -Marks
Howard Marks's Book Recommendations
kevinrooke.com
To sum up, many workers experienced a “timeout” during the pandemic – not working, working parttime, working from home, and/or certainly not traveling on business. For many, this may have occasioned a reset, giving them an opportunity to conclude, “You know, my career isn’t everything;
Howard Marks • Howard Marks Memo - The Winds of Change
A few quotes...
“Establishing and maintaining an unconventional investment profile requires acceptance of uncomfortably idiosyncratic portfolios which frequently appear downright imprudent in the eyes of conventional wisdom.”
“Memory – and the resulting prudence – always comes out the lo... See more
“I like to say, “Experience is what you got when you didn’t get what you wanted.”
Howard Marks Quotes (Author of The Warren Buffett Way)
Howard Marks: Luck, Risk and Avoiding Losers [The Knowledge ...
fs.blog
That one is the fact that as technology and information play a bigger role in business and our lives, labor becomes less necessary