“Broad observations about historic calculations are not a sufficient foundation for market opinions today”
This quote comes from the latest Howard Marks memo, which is the best thing he’s written in a long time, maybe ever.
Marks is known for being a value investor, which requires a heavy dose of skepticism. This serves investors very well in certain market environments, and less well in others, like tod…
This quote comes from the latest Howard Marks memo, which is the best thing he’s written in a long time, maybe ever.
Marks is known for being a value investor, which requires a heavy dose of skepticism. This serves investors very well in certain market environments, and less well in others, like tod…
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