Super Investor Howard Marks On The Huge Role of Luck

I react to part of a recent interview with super investor Howard Marks, in which Marks briefly discusses his investment philosophy, the role of randomness or luck in investing, as well as long term skill, and which investors he listens to.  Related episodes: Super Investor Howard Marks: Where The BIG MONEY Is Made https://youtu.be/EYwVTzUBRwc Super Investor Howard Marks: The Biggest Investing Mistake https://youtu.be/awxhDqbd9d8 Stocks Today With JJ channel: https://www.youtube.com/@jjstockstoday Referenced video: Howard Marks - Co-founder of Oaktree | Podcast | In Good Company | Norges Bank Investment Management https://youtu.be/vZJHQrGS7PE Recommended books: Mastering the Market Cycle: Getting the Odds on Your Side, by Howard Marks (referral link)  https://amzn.to/3KYub7x Thinking in Bets: Making Smarter Decisions When You Don't Have All the Fact, by Annie Duke (referral link)  https://amzn.to/3zuDHNb Join The Art of Value Patreon community for exclusive content I don’t share anywhere else: https://www.patreon.com/TheArtofValue Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.