The Calculus of Value
Episode publishedPodcast: The Memo by Howard MarksThe Memo by Howard Marks
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This is the memo by Howard Marks. The calculus of value. On July 28, I flew to South America on a plane without Wi Fi, leaving me without email or entertainment. What was I to do but start in on a memo? Interestingly, the things I wrote during that flight turned out to be the answers to many of the questions I received from clients after I landed, so writing what follows served me well. I hope it'll do the same for you. January 2 was the twenty fifth anniversary of my memo bubble.com, the one that put my writing on the map, and I marked the occasion by publishing another memo called On Bubble
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