The Rewind: On The Couch
The Memo by Howard Marks
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The Efficient Market Hypothesis
Sena: A lot of the important things in investing are counter intuitive, and the things that are obvious are usually wrong. He says it's much more useful to think of causality - so a causes b, which causes c, which causes d. And falling oil prices or rising oil prices doesn't necessarily mean good or bad, he adds.
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