FYI: What are two of the most important things an investor needs to do to succeed?
Manage risk and understand where we are in the market cycle, says legendary investor Howard Marks, CFA.
He should know. Marks is co-chair and co-founder of Oaktree Capital Management, an investment firm with more than $120 billion in assets. Over his five decades in the industry, he has earned a reputation as one of the world’s most prominent value investors.
Regards,
Ted
https://blogs.cfainstitute.org/investor/2019/02/19/howard-marks-cfa-getting-the-odds-on-your-side/