The avoidance of losses and terrible years is more easily achieved than repeated greatness, and thus risk control is more likely to create a solid foundation for a superior long-term track record. | Howard Marks | The Most Important Thing

Ideas Worth Savoring, Wisdoms Worth Sharing.

The avoidance of losses and terrible years is more easily achieved than repeated greatness, and thus risk control is more likely to create a solid foundation for a superior long-term track record.

-- Howard Marks