Behind the Memo: The Illusion of Knowledge
The Memo by Howard Marks
00:00
Investing Is a Two Edged Sword
Investing is a two edged sword. If you're bold and it works, you make a lot. If you's bold and it doesn't work, you lose a lot. Each investor has to decide for himself or herself whether they like that proposition. Do you want to bet the ranch on forecasts? Once in a while youd be right, bunch at times, we wll be wrong?"
Transcript
Play full episode
