The Knowledge Project with Shane Parrish cover image

#53 Howard Marks: Luck, Risk and Avoiding Losers

The Knowledge Project with Shane Parrish

00:00

The Desire for Second Level Thinking

To be an out performer, you have to think different from the crowd. Second level thinking is thinking which is different and better. Most people make mistakes concerning a given company. The way you become a superior investor is you look at things other people don't see.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app