The Memo by Howard Marks cover image

Introducing “The Rewind”: The Route To Performance

The Memo by Howard Marks

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Investing - Is There a Secret Recipe for Success?

I like to think that i'm contributing to their education, but this is not a secret recipe. There's no machine that will give you superior results as an investor in the absence of superior insight and superior execution. I write them entirely on my own. It's really only when i have the polished draft that i start to circulate it. The first one was two pages. The norm now is about 12.

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