The Memo by Howard Marks cover image

The Rewind: Us and Them

The Memo by Howard Marks

00:00

Random House's Secondary Definition for the Word Sindrome

Sindrome is a set of elements that can be viewed separately, but take on greater meaning when considered together. Some peop think their ability to infer causality and analyze data makes them skilled investors - while others understand that luck plays a big part. The person crowned the most skilled investor in a given year might be nothing more than a lucky idiot.

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