DAILY WALL STREET WISDOM · #051
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“The biggest investing errors come not from factors that are informational or analytical, but from those that are psychological.”
🇺🇸Howard Marks
Co-Chairman, Oaktree Capital Management
WHO SAID IT
🇺🇸 Howard Marks
Co-Chairman, Oaktree Capital Management
WHAT IT MEANS
Even with perfect information and analysis, psychological biases like greed, fear, and herd mentality can derail investment decisions. Emotional discipline is the most underappreciated investing skill.
mindset