Links - 04/27/2023
“Do not trust financial market risk models. Despite the predilection of some analysts to model the financial markets using sophisticated mathematics, the markets are governed by behavioral science, not physical science.” —Seth Klarman
Wise Words from Howard Marks (LINK)
Related links: 1) On Howard Marks’ Memos; 2) Howard Marks’ Memos from 1990 - July 2011
The Meb Faber Show: Sam Zell - The Grave Dancer on Private REITs, the Macro Landscape, & Timeless Investing Wisdom (Video, Podcast)
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