Legendary Investor Howard Marks sat down with Bloomberg last week to talk investing and forecasting.

Marks suggests there are two things to always worry about

  1. Your expectations are all wrong.
  2. You’re going to get bit by something else

We all have to remain humble.  Marks had a great simple quote

“Last year’s non schmo could be this year’s schmo”

Video:  (12 minute watch)

https://www.bloomberg.com/api/embed/iframe?id=4e401d79-cb1b-4328-9071-2556b25a76c1

Trade ’em well