Howard Marks Quotes
Most popular Howard Marks Quotes
To be a disciplined investor you have to be willing to stand by and watch other people make money on things that you passed on
The biggest investing errors come not from factors that are informational or analytical, but from those that are psychological.
An investor needs only two things to make a lot of money during a crisis; cash and the nerve to invest that cash when no one else is willing to.
Waiting for the bottom is folly. What, then, should be the investor's criteria? The answer's simple: if something's cheap based on the relationship between price & intrinsic value you should buy and if it cheapens further, you should buy more.
