The Memo by Howard Marks cover image

The Rewind: Uncertainty

The Memo by Howard Marks

00:00

Investing Confidently, but Not Too Much

Investing scared protects against over confidence, but also sharpens your focus. When you're afraid of losing money, you will look harder at things than when you are supremely confident. So i think that it's important to maintain a level of doubt. That's all about intellectual humility. Intellectually humble people can have strong beliefs, but recognize their fallibility and are willing to be proven wrong on matters large and small.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app