Selling Out

Howard Marks’s latest memo considers one of investing’s most
fundamental questions: when to sell. Howard explains that
it’s foolish to sell because prices are up and because they’re
down – and why, most of the time, staying invested is ultimately
“the most important thing.”


You can read the memo here
(https://www.oaktreecapital.com/insights/memo/selling-out).


The memo is read by LJ Ganser.