1min chapter

Acquired cover image

Howard Marks & Andrew Marks: Something of Value

Acquired

CHAPTER

What Do You Want to Do Next?

In 1978, when I left the equity area, it was really because of the terrible performance of the 5050. So they said to me, what do you want to do next? And I said, I'll do anything except spend the rest of my life choosing between Merk and Lily. But the good news is my boss said, 'I want you going to the bond department' so far Andrew and I have gravitated things that are right for us. That's a hell of a lot easier than trying to put a square pig in a round hole.

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