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#53 Howard Marks: Luck, Risk and Avoiding Losers
The Knowledge Project with Shane Parrish
Is Everything That's Important in Investing Counter Intuitive?
Some people are naturally born cont and some people don't get contrary in thinking. Everything that's important in investing is counter intuitive, and everything that's obvious is wrong. And i think that that lot of people, look, i've thought about this a long timeive i've my money in asset classes that, when i got there, were unpopular,. like high heel bonds in 19 78.
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