What's up, everybody? Merry Christmas. Happy holidays. This show is coming out on Christmas Eve for our American listeners and Christmas Day for everybody else. As the title of this episode suggests, there will be a segment from my interview with Howard Marks. It's between 20 and 30 minutes. Let's leave it at that. So that'll come at the end of this, but I have an important announcement to tell you all about beforehand, which is that finally, after a year of promising you, my listeners, a Hidden Forces subscription, I've finally done it. It's a long story as to why it took so long, and I'm not going to get into it. But one of the benefits that it took so long is that now anyone who subscribes gets immediate access to the transcripts of every episode we've ever done and to over 50 rundowns, starting with episode 19, which are these beautiful show outlines with reference materials, charts, pictures, quotes, all the rest of it. So anyone who's a regular listener has heard me reference (1/32)
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