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5min chapter
The Folly of Certainty
The Memo by Howard Marks
Intro
This chapter explores how certainty can be misleading and inaccurate, highlighting examples from politics and macroeconomics where people confidently predict uncertain events, only to be proven wrong by unexpected outcomes. The speaker challenges the idea of absolute certainty in situations where randomness and unforeseen occurrences are prevalent.
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Discover
highlights
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