32sec snip

The Memo by Howard Marks cover image

Bonus Episode: Howard Marks on “In Good Company”

The Memo by Howard Marks

NOTE

Decisions Are Not Defined by Outcomes

Randomness plays a crucial role in decision-making; a good decision does not guarantee success while a poor decision may not lead to failure. The quality of a decision cannot be judged solely by its outcomes, emphasizing that understanding this concept is often overlooked.

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