For the last twenty years I’ve been writing occasional memos to my clients—first at Trust Company of the West and then at Oaktree Capital Management,
It’s not my goal to simplify the act of investing. In fact, the thing I most want to make clear is just how complex it is. Those who try to simplify investing do their audience a great disservice.
Heaven for me would be seven little words: “I never thought of it that way.”
Yogi Berra is famous for having said, “Nobody goes to that restaurant anymore; it’s too crowded.”
Note: 4HB slow-carb inclusion