PractiQuote

Howard Marks Quotes on Life

About Howard Marks

Investor and co-founder of Oaktree Capital, known for his expertise in distressed debt and risk management. His widely respected investment memos and books emphasize psychology, cycles, and avoiding big losses. Warren Buffett praises his insights. Marks prioritizes consistent returns over flashy wins.

Investing
Books Written By Howard Marks
  • The Most Important Thing
  • Mastering The Market Cycle: Getting the Odds on Your Side

Quote

My belief is that risk is unquantifiable even after the fact.

—  Howard Marks

Insight

-

Actionable Takeaways

  • Keep a portion of your assets completely safe from markets.
InvestingBusinessLife

Quote

You can't predict, but you can prepare.

—  Howard Marks

Insight

Prediction is a fantasy; readiness is a practice. Strong systems beat perfect forecasts.

Actionable Takeaways

  • In investing, risk management beats predicting trends with candlestick charts.
  • When doing important things, always have a Plan B.
  • Build an emergency fund of $1000.
InvestingLifePersonal GrowthManagement