Video of Howard Marks speech at CFA Society today.
Topics include: Dare to be great: Suggestions for institutional investors on how to better approach the goal of achieving superior investment results in the long run; Dare to be different: You can’t take the same actions as everyone else and expect to outperform; most great investments begin in discomfort; Dare to be wrong (and dare to look wrong): In the course of being different and better, you have to bear the risk of being different and worse
Also see Tail Risk Strategies Vs Howard Marks’ Risk Management
H/T Alex Rubalcava
