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The most important thing is to be able to survive.

Meaning

It highlights that long-term success depends on avoiding major losses.

Howard Marks 77 views

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The most important thing is to be able to survive.

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About the author

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Howard Marks

(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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Why This Quote Matters

Readers return to Howard Marks for lines like this because they frame Finance, Risk, Survival without noise. At its heart, it teaches that It highlights that long-term success depends on avoiding major losses.

Remember the point is direction, not drama—steady motion beats intensity spikes. Small and steady beats sudden and short-lived, every time.

How to Apply This Quote in Life

In practical terms, let Finance guide one habit you repeat weekly. Trade perfection for frequency; showing up matters more than the form it takes.

Notice which parts felt natural and build outward from there. Keep it practical; the rest tends to follow.

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