It's worth noting that the assumption that something can't happen has the potential to make it happen, since people who believe it can't happen will … - Howard Marks

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It's worth noting that the assumption that something can't happen has the potential to make it happen, since people who believe it can't happen will engage in risky behaviour, and thus alter the environment.

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About Howard Marks

Howard Stanley Marks (born April 23, 1946) is an American investor and writer. He is the co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide.

Biography information from Wikiquote

Also Known As

Alternative Names: Howard Stanley Marks • Howard S. Marks
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the world becomes a better place – an easier place to navigate if we admit that even though there are opinions, they may be wrong.
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Forgetfulness is the catalytic germ of spontaneous creativity
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In good years, defensive investors have to be content with the knowledge that their gains, although perhaps less than maximal, were achieved with risk protection in place, even though it turned out not to be needed.
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