The Minutes of Howard Marks on investment strategy https://minutesof.com/howard-marks/on/investment-strategy/ Everything Howard Marks has said on investment strategy: 3 verbatim quotes between October 2023 and August 2026, each with a timestamp and a link to the… en Sun, 30 Aug 2026 16:22:27 +0000 Marks frames the AI investment choice as binary moonshot bets versus incremental gains in established tech com https://minutesof.com/q/05f6eec2-bccf-4a48-b537-bdf45a848d01/ https://minutesof.com/q/05f6eec2-bccf-4a48-b537-bdf45a848d01/ “Or do you want to invest in a great tech company, which is already existing and making a lot of money where AI could be incremental, but not life changing?” — The Investor’s Podcast Sat, 21 Feb 2026 22:45:03 +0000 investment strategy Marks says beating competitors requires either more winners or fewer losers, rarely both simultaneously. https://minutesof.com/q/a7b54a13-5ce4-4332-b52f-b9e726c373e0/ https://minutesof.com/q/a7b54a13-5ce4-4332-b52f-b9e726c373e0/ “I can have more of the things that go up a lot than you do or less of the things that go down a lot than you do.” — The Church Sag Harbor Sun, 07 Sep 2025 18:45:03 +0000 investment strategy Marks says credit instruments now offer equity-type returns with high single to low double digit yields. https://minutesof.com/q/9e357b22-1065-4a78-a666-2e09a669c9e8/ https://minutesof.com/q/9e357b22-1065-4a78-a666-2e09a669c9e8/ “Today, you can get equity type returns from what we call credit instruments, loans, corporate corporate loans, loans for buyouts.” — David Rubenstein Wed, 04 Oct 2023 12:46:10 +0000 investment strategy