The Minutes of Howard Marks on tech https://minutesof.com/howard-marks/on/tech/ Everything Howard Marks has said on tech: 2 verbatim quotes between March 2026 and June 2026, each with a timestamp and a link to the recording it came… en Fri, 23 Oct 2026 11:02:18 +0000 Marks describes hyperscalers as mostly the greatest companies he has ever seen, engaged in an arms race. https://minutesof.com/q/45443050-f7d2-4a15-9edc-d6f9aba38ae4/ https://minutesof.com/q/45443050-f7d2-4a15-9edc-d6f9aba38ae4/ “I would describe, what we call the hyperscalers as mostly the greatest companies I've ever seen. And they're engaged in an armory, arms race.” — Prof G Markets Fri, 12 Jun 2026 11:00:07 +0000 tech Marks argues tech companies' incremental profitability is enormous because virtual products have almost no mar https://minutesof.com/q/525c0fcc-5beb-466a-8ae5-ff2eccd45edf/ https://minutesof.com/q/525c0fcc-5beb-466a-8ae5-ff2eccd45edf/ “Their incremental profitability is enormous. When your product is virtual and you're selling one, you're making some money, you want to sell two, there's almost no cost in the second one.” — Pepperdine University Mon, 02 Mar 2026 19:34:48 +0000 tech