The Most Important Thing by Howard Marks (3/15)

It does a wonderful job of framing the risks of making investments. In particular, he goes into a well thought out, approachable discussion about the relationship between risk and reward in the world of investing. He lays out a strong case for more risk not equating to more reward, but rather more risk leading to a higher variability of possible return outcomes. This includes higher return potential, but also more risk for loss of capital.

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Contributor: Riley Adams from Young and the Invested

Written by Taegan Lion

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