3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP545: The Third Sea Change Has Begun w/ Howard Marks

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Position Size in Investments

In your book, you highlight risk management and being a contrarian when appropriate. How do you think through position sizing with your investments? Position sizing is important, but for me, that goes, it's kind of like pornography. Having better foresight with regard to the future is something being more predictable by its nature is a way to control its risk.

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