Howard Marks Quotes (Author of The Warren Buffett Way)
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Howard Marks Quotes (Author of The Warren Buffett Way)
“The market can stay irrational longer than you can stay solvent,” Keynes famously declared. Being early and right is the same as being wrong, as investors have repeatedly discovered.
Sebastian Mallaby • More Money Than God
Markets systematically underprice quality over long time periods.
Gautam Baid • The Joys of Compounding: The Passionate Pursuit of Lifelong Learning, Revised and Updated (Heilbrunn Center for Graham & Dodd Investing Series)
As Ben Graham said, “bear markets are when stocks return to their rightful owners.”