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The Memo by Howard Marks cover image

Behind the Memo: The Indispensability of Risk with Howard Marks, Bruce Karsh, and Maurice Ashley

The Memo by Howard Marks

NOTE

Embrace Loss to Achieve Greatness

Losing is an inevitable part of the journey toward success, and understanding this is crucial for achieving greatness. Great athletes like Michael Jordan, Djokovic, and Serena Williams have faced losses, which have shaped their careers and resilience. Embracing the possibility of failure fosters growth and development, allowing individuals to learn from setbacks and build essential qualities such as fortitude and intuition. True success stories are not defined by an unblemished record but rather by the experiences gained through overcoming challenges and losses.

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