The Memo by Howard Marks cover image

Behind the Memo: I Beg To Differ

The Memo by Howard Marks

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Is There a Difference Between the Past and the Future?

The world has come a long way since then. Everybody has access to tons of information, the same information the s c pass something called reg f d,. The regulation for fair dealing essentially says that every company has to give the same information to every party. If you're not better in some phase of the analytical process, your performance is not going to be better, other than through better luck. And luck is not much of a plan to me.

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