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

TIP 073 : Billionaire Howard Marks - The Most Important Thing (Investing Podcast)

We Study Billionaires - The Investor’s Podcast Network

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Investing in the Stock Market

Warren buffet has example that he likes to use. He says if you lined up, callet a million people, and they all had to flip a coin, after the first coin flip, half of em would be out. And so when you think about that from an investing standpoint, you can have people that have been doing really well in the market for, call it, ten years just because maybe they're one of those people that are in the small portion of thi sample set. That's what makes it different.

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