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The Memo by Howard Marks — The Indispensability of Risk
Not scored yet12m·2024-04-17·Money

The Indispensability of Risk

The Memo by Howard Marks · 54

In his latest memo, Howard Marks considers what chess can teach investors about the paradox of risk-taking. Drawing on insights from a recent Wall Street Journal article (https://www.wsj.com/sports/chess-teaches-the-power-of-sacrifice-221db7b7) by chess grandmaster Maurice Ashley, Howard explains why not taking enough…

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