Behavior Gap Radio 1110 | Sacrificing Certainty
Jul 26, 2024
Howard Marks, a renowned investment strategist, joins the discussion on the intricate dance between risk and reward in investing. He emphasizes that higher risk doesn’t guarantee better returns, urging listeners to critically assess their approach to uncertainty. The conversation delves into the pitfalls of uncompensated risks, like betting on single stocks, and highlights the value of emotional discipline in investment decisions. Marks encourages a thoughtful sacrifice of certainty, promoting a clearer understanding of true risk for savvy investors.
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