The Archive: You Bet!
The Memo by Howard Marks
Exploring the Connection Between Games and Investing
This chapter dives into the speaker's experiences with card games, moving from simple games to more complex ones like blackjack and backgammon. It draws parallels between game-playing strategies and investment decision-making processes, emphasizing the importance of skill development, uncertainty management, and making informed choices in both realms. Through personal anecdotes and reflections on game-playing dynamics, the speaker highlights the valuable lessons that can be applied to investing and decision-making in various aspects of life.
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