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If one is approached with a deal predicated on cycles having ceased to occur, remember that invariably that’s a losing bet.

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Howard Marks Quote: “If one is approached with a deal predicated on cycles having ceased to occur, remember that invariably that’s a losing bet.”

“If one is approached with a deal predicated on cycles having ceased to occur, remember that invariably that’s a losing bet.”

Howard Marks

Howard Marks Quote: “If one is approached with a deal predicated on cycles having ceased to occur, remember that invariably that’s a losing bet.”
Howard Marks Quote: “If one is approached with a deal predicated on cycles having ceased to occur, remember that invariably that’s a losing bet.”
Howard Marks Quote: “If one is approached with a deal predicated on cycles having ceased to occur, remember that invariably that’s a losing bet.”
Howard Marks Quote: “If one is approached with a deal predicated on cycles having ceased to occur, remember that invariably that’s a losing bet.”
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