Howard Marks: 40 years ago, nobody knew anything
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Guru Focus
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The investing world has gone through a lot of different changes over the last few decades. Trends like digitization and computerization have fundamentally changed the way people trade and invest. Value investor Howard Marks (Trades, Portfolio) has accumulated over 50 years of experience in the financial markets, and has had the opportunity to view all of these changes in real time. Here's what he had to say on the subject in a talk at the CFA Society of Chicago.
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