DAILY WALL STREET WISDOM · #050
💡
“You can't predict. You can prepare.”
🇺🇸Howard Marks
Co-Chairman, Oaktree Capital Management
WHO SAID IT
🇺🇸 Howard Marks
Co-Chairman, Oaktree Capital Management
WHAT IT MEANS
Forecasting is futile, but preparation is powerful. Building a resilient portfolio, maintaining liquidity, and having a plan for various scenarios is far more effective than trying to time the market.
risk