This isn’t going to be another history of the meltdown of Silicon Valley Bank. Dozens of those have appeared in my inbox over the past month,...

sea change (idiom): a complete transformation, a radical change of direction in attitude, goals . . . (Grammarist) In my 53 years in the investmen...

I’ve gathered a few ideas from several of my memos this year – plus some recent musings and conversations – to form the subject o...

I’ve been expressing my disregard for forecasts for almost as long as I’ve been writing my memos, starting with The Value of Prediction...

I recently was asked by Patrick Schotanus of Edinburgh Business School to participate in their inaugural symposium on the subject of cognitive econ...

I Beg to Differ I’ve written many times about having joined the investment industry in 1969, when the “Nifty Fifty” stocks were i...

Bull market rhymes While I employ a great many adages and quotes in my writings, my main go-to list consists of a relatively small number. One of m...

As regular readers of my memos and books know, I’m strongly interested in – you might say obsessed with – the concept of the pendu...

The Korea Economic Daily Global Edition exclusively carries the full text of the latest memos from Howard Marks, co-founder and co-chairman of Oaktree...

The Korea Economic Daily Global Edition exclusively carries the full text of the latest memos from Howard Marks, co-founder and co-chairman of Oaktre...

For a piece of information to be desirable, it has to satisfy two criteria: it has to be important, and it has to be knowable. – Warren BuffettR...