The Memo: Political Reality

In his memo, Howard Marks examines the oxymoron "Political Reality."

Howard Marks

Behind the Memo - What Really Matters?

In the latest episode of Behind the Memo, Howard discusses his most recent memo, What Really Matters?, , and looks back on a year of memo-writing.

Behind the Memo - I Beg to Differ

In the latest episode of Behind the Memo, Howard discusses his recent memo, I Beg to Differ.

The Memo: Expert Opinion

In his memo, Howard Marks examines the precision of so-called "Expert Opinion."

Behind the Memo - Fewer Losers, or More Winners?

In the latest episode of Behind the Memo, Howard discusses his recent memo: Fewer Losers, or More Winners?, He details the inspiration for the memo and explains why investors – like tennis players – need to consider their skill level, aspirations, and risk tolerance when asking themselves a fundamental question: Should I go for more winners, or try to avoid the losers?

The Memo: You Bet!

In his memo, Howard Marks discusses the process of thinking in bets, parses the world of gambling, and draws parallels between investing and games of chance.

The Memo: This Time It's Different

In this special post-release memo video, Howard Marks discusses Modern Monetary Theory, one of the trending points mentioned in his memo titled “This Time It’s Different.”

The Memo: Economic Reality

In his memo, "Economic Reality," Howard Marks explores the reality of economic policies and promises.

The Memo: Investing Without People

In his memo, Howard Marks considers the future of "Investing Without People."