Fewer Losers, or More Winners?
The Memo by Howard Marks
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Style, Execution, and Winning Stocks in Tennis and the Market
The chapter explores the impact of style and execution on outcomes, using examples from tennis and the stock market. It delves into the playing style of Tennis's Big Three and compares it to a more aggressive approach. Additionally, it discusses the significance of winning stocks, particularly the Magnificent Seven tech companies, and draws parallels to past market phenomena.
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