"You can't control the environment…" — Howard S. Marks

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Translations

“The real test in investing is not the ability to say who will be in favor in the future or...”

Howard S. Marks

“The future is inherently unforecastable, the nature of investing is that the decisions you...”

“Investment success doesn’t come from buying good things, but rather from buying things well”

“When things are going well, it’s hard to imagine that they could ever go poorly. And whe...”

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