
Bonus Episode: Howard Marks on “In Good Company”
The Memo by Howard Marks
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Investing Philosophy and Market Dynamics
Exploration of key investing principles including risk control, consistency, and market efficiency, with a focus on the challenges of rule adherence and the unpredictability of human behavior. The importance of patience, wisdom, and understanding market cycles in decision-making is emphasized, along with caution around forecasting market trends. Discussion on the current state of the stock market, market valuations, and potential risks in AI stocks and the Chinese market.
Transcript
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