Risk with Howard Marks

Howard Marks is one of the investors whose philosophy resonates with me. His long-term approach, focus on capital preservation, and insights on the uncertainty of markets make him a standout figure in the world of investing.

His memos, while lengthy, are classics. They could be summarized briefly, but like a great novel, the value lies in reading and reflecting on them in full. The concepts are simple, yet absorbing their depth takes time. A summary, after all, is no substitute for the real thing. I highly recommend reading his memos to fully grasp his ideas.

You can explore his classic memos here:
Howard Marks' Memos

Recently, he shared a video on his approach to risk, which is well worth watching:
Watch the video here

And check out his books, which are a must-read for anyone serious about investing:
Howard Marks' Books