Embrace the Uncertainty
- Posted by Ivanhoff
- on January 22nd, 2012
There are two types of forecasts – lucky and wrong.
Acting like you know everything is more dangerous than accepting your limitations.
Macro forecasting is not critical for investment success.
The only constants in capital markets are change and uncertainty
Being on the crossroad between the risk of losing money and the risk of losing opportunities
These are some of the tidbits from Howard Marks’s latest investors letter, which is among my favorite reads. There is always something insightful to learn.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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My name is Ivan Hoff. I am a stock trader. I manage Stocktwits 50, Stocktwits Email and was featured in The Stocktwits Edge, which I edited. (More) -
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