The Rewind: It Is What It Is
The Memo by Howard Marks
The Difference Between Inferences and Predictions
Some investors were taught that the method of investing is, first you decide what the economy is going to do. The willingness to make a prediction implies a belief that you know what's going to happen. And statements like that are rarely right. We must accept that our world is full of ambiguity and uncertainty - we must invest with that in mind.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
