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

We Study Billionaires - The Investor’s Podcast Network

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The Market Is Not Efficient, but It Might Be Easier Than You Think

Stick: I'm one of those professors that don't believe in the fisho my hypothesis. There's a reason why berkshar's priced at 300 million and not 80 million, right? It's not a complete coincidence. But do you just really need to understand that there's something called the long run,. In the long run, the market is very, very efficient. And then we have the short run, then a lot of hiccups are just happening in the market.

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