Inner Wisdom Quotes

Quotes by Howard Marks

Investing is not a game where the guy with the 160 IQ beats the guy with the 130 IQ.
- Howard Marks
The biggest investing errors come not from factors that are informational or analytical, but from those that are psychological.
- Howard Marks
Most great investments begin in discomfort.
- Howard Marks
The most important thing is to be aware of the range of possibilities and to try to find investments where the range of possibilities is in your favor.
- Howard Marks
The biggest risk in investing is thinking you have it all figured out.
- Howard Marks
Risk control is invisible in good times but still essential, since good times can so easily turn into bad times.
- Howard Marks
The biggest mistake investors make is to believe that what happened in the recent past is likely to persist.
- Howard Marks
In the world of investing, being correct isn't enough. You also have to be correct at the right time.
- Howard Marks
The investor's chief problem—and even his worst enemy—is likely to be himself.
- Howard Marks
To achieve superior investment results, you have to hold non-consensus views regarding value, and they have to be accurate.
- Howard Marks