Part 1/8:
The Essence of Professional Investing: Lessons from Howard Marks
Howard Marks, a name synonymous with investing excellence, has garnered immense respect in the financial world. His investment strategies have led to an astonishing outperformance of the US stock market by a staggering 2,471% throughout his career. Notably, legendary investor Warren Buffett has expressed admiration for Marks, stating that his memos are among the first things he reads whenever they arrive. To understand the principles of successful investing, it’s crucial to dive into Marks’ insights, particularly concerning risk management and market behavior.