October 31, 2018
"My life is for itself and not for a spectacle." Qualitative small-cap value investor.
Howard Marks is Dangerously Wrong
I've long been a great fan of Howard Marks, but his new book misses the mark. It's not just wrong - it's dangerously wrong - and attempting to implement its ideas will likely damage, rather than help, your returns. Explore why in our thorough, mental models-based deconstruction of his arguments.
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