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    <title>The Minutes of Howard Marks on market inefficiency</title>
    <link>https://minutesof.com/howard-marks/on/market-inefficiency/</link>
    <description>Everything Howard Marks has said on market inefficiency: 1 verbatim quote from March 2026, each with a timestamp and a link to the recording it came from.</description>
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    <lastBuildDate>Sun, 30 Aug 2026 16:22:29 +0000</lastBuildDate>
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      <title>Marks notes bargain hunting requires finding sellers willing to sell below fair value.</title>
      <link>https://minutesof.com/q/51f55f6b-a22d-46d4-8314-a66c37d870a9/</link>
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      <description>“There&#x27;s only one catch. It requires cooperation for someone who&#x27;s willing to sell something for less than it&#x27;s worth. And who volunteers for that job?” — Oaktree</description>
      <pubDate>Tue, 24 Mar 2026 14:08:16 +0000</pubDate>
      <category>market inefficiency</category>
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