The key to success isn’t necessarily in avoiding risk, but in understanding it.
Meaning
It emphasizes managing rather than avoiding risk.
Best Motivation Quotes with Meaning
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About the author
(born 1946) is an American investor and co-founder of Oaktree Capital Management. He is known for his insights into market cycles, risk management, and value investing. Marks’s memos to investors are widely read and respected for their clarity and wisdom. His book "The Most Important Thing" outlines key principles of successful investing. Howard Marks’s approach emphasizes discipline, patience, and understanding risk. His influence continues to shape modern investment strategies and financial thinking.
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