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When things are going well, it’s hard to imagine that they could ever go poorly. And when things are going poorly, it’s hard to imagine that they could ever go well again

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Translations

“Successful investing requires a careful balancing of objective analysis and subjective con...”

Howard S. Marks

“The themes of cycles are really the only things you have to understand in order to underst...”

“Experience is what you got when you didn't get what you wanted”

“The real test in investing is not the ability to say who will be in favor in the future or...”

FEATURED QUOTES

“Turn your wounds into wisdom”

“There’s two sorts of fear: one you embrace and one you should listen to and turn the other way”

“To accept one’s past—one’s history—is not the same thing as drowning in it; it is ...”

“Live without pretending, love without depending, listen without defending, speak without offending”

“Believe you can and you're halfway there”

“Have no fear of perfection - you'll never reach it.”

“Without deviation from the norm, progress is not possible”

“Build your opponent a golden bridge to retreat across.”

“Success is stumbling from failure to failure with no loss of enthusiasm.”

“I'm living proof that dreams do come true.”