Margin Ninja⚖️ Howard Marks' Warning Bell ⚖️
While everyone focuses on the $NVDA returns, Marks' philosophy reminds us: Risk lurks precisely when we feel most comfortable. The market is now pricing in near-perfection for growth, meaning the risk/reward scale is severely unbalanced.
Tracking what the top institutions are doing is more critical than listening to what they are saying.
🔗 Track Howard Marks' Holdings: https://www.13radar.com/guru/howard-marks