Expert Opinion, the latest memo of Howard Marks is once more an interesting read. The reasoning throughout the memo resonates well with me since I believe it is worthwhile for a (discretionary) money manager to: (try to) understand the economy (try to) figure out the expectations embedded in the market bet small most of the time bet … Continue reading That’s why they’re called surprises (Howard Marks – Expert Opinion)
Tag: Howard Marks
It doesn’t make sense
This morning, I was listening to a recent podcast of Tim Ferris (Becoming the best version of you). I didn't really expect to get specific investment wisdom out of it. Around minute 27 however, Adam Robinson starts answering the question whether he blocks any particular things in his agenda. After mentioning lifting weights, cycling and … Continue reading It doesn’t make sense
Observing the market 