Legendary investor Howard Marks admits to changing his mind on AI. He now asserts that the single biggest determinant of an investor's success over the next ten years will be their ability to understand and apply Artificial Intelligence's capabilities and implications to their strategies.
Investor Howard Marks challenges the widely accepted "fact" that the S&P 500 has returned 10% annually over the last century. By publicly disagreeing with this common knowledge, he demonstrates the importance of scrutinizing even the most foundational investment assumptions.