AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
#53 Howard Marks: Luck, Risk and Avoiding Losers
The Knowledge Project with Shane Parrish
How Do You Know if You Avoid Losers, the Winners Take Care of Theirself?
How do you distinguish between being wrong and it just being a function of probabilities, or being lucky and right? How do you learn from those in a culture? And i like the fact that you don't sort of assign blame. I can't give you a recipe for many of the things we're discussing to day. But rather than have a recipe or a road map, i think we have a mind set to do these things.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode