FANG

Howard Marks Warns On FAANG: ‘Investors Cannot See The Future’

"Many of the most important considerations in investing are counterintuitive.  One of those is the ability to understand that no market, niche or group is likely to outperform the others forever."

"Many of the most important considerations in investing are counterintuitive.  One of those is the ability to understand that no market, niche or group is likely to outperform the others forever."
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5 comments on “Howard Marks Warns On FAANG: ‘Investors Cannot See The Future’

  1. abbottmd

    great analysis. Low vol seems to be the basis of the Minsky Moment. Complacency breeds excess risk taking. Something inherent in human nature leads to this, or else it wouldn’t be so common in so many different markets.

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