The Minutes of Howard Marks on price https://minutesof.com/howard-marks/on/price/ Everything Howard Marks has said on price: 2 verbatim quotes between January 2019 and March 2026, each with a timestamp and a link to the recording it… en Sun, 30 Aug 2026 16:22:28 +0000 Marks states nothing is a good idea in the absence of price, lesson from Nifty Fifty experience. https://minutesof.com/q/4416c4a2-8868-4190-8f4b-779aa2dcbce0/ https://minutesof.com/q/4416c4a2-8868-4190-8f4b-779aa2dcbce0/ “But the lesson I learned from my experience with the nifty 50 in '69 was that it's not what you buy, it's what you pay that matters.” — Oaktree Tue, 24 Mar 2026 14:08:16 +0000 price Marks states good investing is not buying good things but buying things well; price determines risk. https://minutesof.com/q/4a53d38b-1ab0-4b95-85e3-08b3a4fadbe7/ https://minutesof.com/q/4a53d38b-1ab0-4b95-85e3-08b3a4fadbe7/ “it's not what you buy, it's what you pay that determines whether your investment is risky or not. B, that good investing is not a matter of buying good things, but buying things well.” — Wharton School Mon, 02 May 2022 13:42:01 +0000 price