
What Really Matters?
The Memo by Howard Marks
Introduction
Howard Marks: What doesn't matter? Short-term events. Most investors can't do a superior job of predicting short-term phenomena like inflation, he says. Investors are unlikely to make major changes in their portfolios in response to these opinions,. The changes they do make are unlikely to be consistently right.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.