AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Howard Marks & Andrew Marks: Something of Value
Acquired
What's the Value of Your Investments in Equities?
Simplicity Patterns was considered a company that could never be heard. The moats were considered inviolate. Nobody thought about the fact that if Xerox priced their copies at 30 cents a piece, somebody from abroad could produce it. We had lots of companies where you lost more than 90%.
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