The Minutes of Howard Marks on market behavior https://minutesof.com/howard-marks/on/market-behavior/ Everything Howard Marks has said on market behavior: 2 verbatim quotes between January 2019 and April 2026, each with a timestamp and a link to the… en Mon, 31 Aug 2026 13:10:26 +0000 Marks argues investing requires optimism because it involves giving money to others hoping for more later. https://minutesof.com/q/f05813a5-193a-4ca6-9096-81b2cd2447da/ https://minutesof.com/q/f05813a5-193a-4ca6-9096-81b2cd2447da/ “By the way, I believe that there is a predisposition to be optimistic. Not pessimistic, optimistic. Why is that? Because you have to be optimistic to be an investor.” — Wharton School Tue, 21 Apr 2026 16:17:40 +0000 market behavior Marks quotes Feynman that physics would be harder if electrons had feelings, unlike human investors. https://minutesof.com/q/4ea3ef51-f181-4299-a645-cf10db986e5c/ https://minutesof.com/q/4ea3ef51-f181-4299-a645-cf10db986e5c/ “Richard Feynman, the great physicist, said that, physics would be much harder if electrons had feelings. We walk in the room, we turn on the light switch, the lights go on every time.” — Milken Institute Mon, 14 Jan 2019 19:09:05 +0000 market behavior