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But we saved everything 🙂.
Meb Faber shares an investing quote from Howard Marks, emphasizing that not only should the lonely and uncomfortable position be tolerated, but it should also be celebrated.
The message highlights the value of embracing unconventional or unpopular investment stances.
Faber has referenced historical perspectives in previous posts, noting Sir Josiah Child's comments on the longevity of interest rate debates across civilizations. He has also cited Bill Ackman's view that patience is a vital and cost-effective asset for investors. These earlier remarks reflect Faber's continued focus on time-tested investing principles.