I'm 80 and I wasted 25 years of my life. Don't make my mistake. - Howard Marks

My First Million

Resumen

Howard Marks reflects on his professional journey, the evolution of his investment philosophy, and his changing perspective on AI. He emphasizes the importance of second-level thinking, the necessity of humility in decision-making, and the compounding value of strong, long-term partnerships. Throughout the conversation, Marks highlights how admitting uncertainty, rather than projecting false confidence, is the hallmark of a truly skilled investor.

Capítulos

  1. 0:00Perspectivas sobre la inteligencia artificial
  2. 10:24Juicio humano y pensamiento de segundo nivel
  3. 17:12Estrategias durante crisis financieras
  4. 24:54Levantamiento de capital y relaciones
  5. 34:00Socios y valores compartidos
  6. 41:48La relación de Warren Buffett y Charlie Munger
  7. 43:30Libros influyentes y reflexiones finales

Temas tratados

  • The Role of AI in Investing
  • Second-Level Thinking

+4 temas más (contenido completo al seguir el canal)

Extracto de la transcripción

If you wait until you have nothing to be afraid about, probably the opportunity has passed. >> Howard, it's good to see you again. We had a lot of fun last time and we were like, "Look, I don't know if other people are going to like that, but we loved that." And then over a million people listened to the last one. And so, this morning I was reading you wrote this blog post about how you changed your mind about AI. You You had written I don't know, a couple months back about the possibility of an AI bubble and then as a good thinker tends to do, you got new facts, you sort of reassessed the situation, you wrote a new post about AI. Do you want to summarize the story of how you you changed your mind on AI? >> Uh well, the story's very simple. I have this son named Andrew. He's a VC. He's dealing with AI AI every day. His companies use AI, some of them create AI, etc. Uh I had written the f…