Two investing objectives
1 min read

Two investing objectives

Investors have to deal daily with two possible sources of error. The first is obvious: the risk of losing money. The second is a bit more subtle: the risk of missing opportunity. Investors can eliminate either one, but doing so will expose them entirely to the other. So most people balance the two.

ā€” Howard Marks

References

Mastering the Market Cycle by Howard Marks

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