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Teacher's Reference Guides

On Howard Marks’ Memos

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Key Takeaways

I spent a couple of months reading Howard Marks' memos and have attempted to make a distilled “teacher’s reference guide” which (hopefully) describes his investing philosophy in a clear, effective, and concise manner. His focus on simple and truly important ideas throughout these nearly 30 years of memos was amazing to read about and I hope this comes across!

*The vast majority of the content is from Howard's memos and not my own words. I’ve simply distilled, compiled, and added a few notes and references.

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