This blog is an effort to sift through the noise. Please note that a number of resources are used to create these theses and due to an overriding desire to think rather than edit I will not be citing every little source.
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Friday, January 17, 2014
Howard Marks Latest Memo - Getting Lucky
Howard Marks of Oaktree Capital Management is out with his latest memo on the inefficiencies in the market and the role that luck plays. Enjoy:
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