1. What is Risk?
According to Howard Marks, risk is the ultimate test of an investor's skill. It's not just about returns; the key question is how much risk was taken to achieve those returns. Marks emphasizes that simply achieving market-level returns isn't enough; true skill is demonstrated when an investor can outperform without taking excessive risk.
He discusses various hypothetical investment managers, illustrating that aggressive...

Moomoo 24hr Trading: A Game-Changer for Investors in Malaysia
In the dynamic world of stock trading, the ability to respond to market changes promptly is crucial. Moomoo’s 24hr trading feature is a testament to this, offering Malaysian investors the unparalleled flexibility to trade US stocks at any hour—be it day, night, or during pre-market and post-market sessions.
Advantages:
Trade on Your Schedule: Say goodbye to the constraint...