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2min chapter
Behind The Memo: The Impact of Debt with Howard Marks and Morgan Housel
The Memo by Howard Marks
Endurance Over Immediate Returns in Personal Finance
This chapter discusses the psychological aspects of managing debt and the benefits of living debt-free, particularly for those with young families. It emphasizes long-term investment strategies, using Warren Buffett's example to demonstrate the advantages of sustained investments over quick returns.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode