Kalani Scarrott

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The Almanack of N...
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Do No Harm: Stori...
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The Private Life ...
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Howard  Marks
“Here’s the key to understanding risk: it’s largely a matter of opinion.”
Howard Marks, The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor

Howard  Marks
“We have to practice defensive investing, since many of the outcomes are likely to go against us. It’s more important to ensure survival under negative outcomes than it is to guarantee maximum returns under favorable ones.”
Howard Marks, The Most Important Thing: Uncommon Sense for the Thoughtful Investor

Howard  Marks
“I like to say, “Experience is what you got when you didn’t get what you wanted.”
Howard Marks, The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor

Howard  Marks
“There’s a big difference between probability and outcome. Probable things fail to happen—and improbable things happen—all the time.” That’s one of the most important things you can know about investment risk.”
Howard Marks, The Most Important Thing: Uncommon Sense for the Thoughtful Investor

Ray Dalio
“If you’re not failing, you’re not pushing your limits, and if you’re not pushing your limits, you’re not maximizing your potential”
Ray Dalio, Principles: Life and Work

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One Up On Wall Street by Peter LynchThe Intelligent Investor by Benjamin GrahamCommon Stocks and Uncommon Profits and Other Writings by Philip A. FisherThe Essays of Warren Buffett by Warren BuffettMargin of Safety by Seth A. Klarman
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