Download Howard Marks' legendary investment memos here: https://thecompoundersclub.ck.page/302b0a383a Howard Marks is …
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Download Howard Marks' legendary investment memos here: https://thecompoundersclub.ck.page/302b0a383a Howard Marks is …
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28 comments
💰Download Howard Marks' legendary investment memos here: https://thecompoundersclub.ck.page/302b0a383a
I am at the beginning of my "investment journey", planning to put $85k into dividend stocks so that I will be making up to 5% per year in dividend returns. Any advice?
Howard’s insights are always invaluable, especially in uncertain times like these. With rising interest rates and market volatility, I’m focused on understanding the fundamentals of the companies I invest in. Any tips on balancing caution with opportunity in today’s environment?
39:14 right there, he illustrates that he’s not yet grasped the aspect of “inference” in AI systems. The whole thing of AI is the shift from simple quant to inference.
Today, we haven’t reached anywhere near “human level” inference capabilities, because the “models” of AI are too basic. While Facebook brags about a 12bn parameter model, if you look at what’s needed to supply a “human level” synthesizer, you need the equivalent of 30 years of life experience as your basis.
I have no idea how large such a model needs to be, but I’m guessing it’s in the hundreds of trillions of parameters.
And that’s why AI is overhyped. It has utility, sure, but it’s definitely not (yet) intelligent, because it’s inference modeling has too little data to synthesize.
The best question of hers: “Why are you revealing it all to us?”
A gentleman reply: “One need to implement it, and we are good at implementing”
We can read thousands of books, unless we act/implement what we have in our mind, it’s all worth nothing!
Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires, thanks Charlotte Grace Miller
I love how you take your time to educate your viewers we all strive towards financial stability and a better Life. It is easy to achieve this through the right investment, by living frugally and budgeting. I'm glad I learnt early in life to work hard for financial freedom
Thank you very much for this excellent and informative clip. I wish I had known you both sooner.
I try to find a reasonable good stock daily and place a low value to buy. To me, it is like fishing. I put a very low value to buy. If it catches that value, I will sell it with some profit margin (meaning I do not wait for it to hit the roof. A reasonable profit is good for me). I have won a relatively good amount. Also, I do not wait for another day. I sell everything at the end of the day unless it is an exceptional stock with lots of potential. I appreciate your comments and any wisdom that you share with me. Again, this was an excellent clip.
PS: I used to go to Warton school and study there in 70ies. I lived only a couple of blocks away.
When was this recorded? Without recording date it is causing confusion.
This video isn't 2 weeks old, it's over 2 years old.
The video was posted 2 weeks ago, is that when the interview happened?
Clueless
A bit of unprofessional for an presentation then taking out
Skirt unprofessional
attention
interesting interview, but why would this granny dress like a street worker? look at her hands and neck -she is way past her prime
How unprofessional the way she dresses!
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
No one can argue against his advice, but if you didn't buy great companies at high prices, you wouldn't have made any money in the last 5 years.
the amazing thing about the market is that, no matter how much you know, or studied, or went to the fortune teller, noone makes a goddam clue of what is going to happen. on that note, we all stand equal, for better or for worse.
mhm
Thank you
"excuse my language, Bitcoin"… another looser who missed the boat. Haters gonna hate 😂
Why is she dressed like that?
35:49
""…on the other side… Where is the wisdom that's lost in knowledge?? where is the knowledge that's lost in information??""
I might be nick picking but should it be "What" and not "Where"…?? I mean, even if T.S. Elliot wrote it like that, in investing or as a guide for decision making should it be ""What is the wisdom….""
Mmmmmm Hmmmm
41:10
""… well, just knowing them is not enough, you also have to implement them [at least do a better job of implementing them than others??]…""
Best point made. Can't remember who said it but he said, I can give you my whole playbook, all my strategies, and information, but it won't help YOU, bc you will not be able to act on it, you will not be able to implement them, either you don't want to put in the hours, or your character will not allow you to do it.
So from that point of view knowing your OWN limits [or having a good idea of] your character and other limits is the best way to go so you can act "within your circle of competency"
All his principles and points and wisdom…. since some of them SEEM to contradict each other, then it has to be situational, circumstantial. Constantly evaluating and shaping and thinking, because situations and circumstances are constantly doing ng so.
I just have to listen to this about five times, I think.