2min chapter

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#23: Jerry Parker On Finding Your True Calling In Life And The Markets

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Importance of Diversification in the Market

Howard Marks says you have to have a non-consensus view to make money in the markets. It seems that since recently zero the Great Depression Great Recession zero interest rate policy that it does seem that stocks have had better trends than commodities for instance or the currency markets. So we live and die by these trends and if we don't get them especially long trends the shorts are pretty good but the big money is going to be made on the long side.

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