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Oaktree’s enduring mission is guided by a set of unifying business principles that were established over 25 years ago. Learn more about our firm here: oaktreecapital.com/ #AlternativeInvesting
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We’re excited to announce the upcoming release of a new video course, “How to Think About Risk with Howard Marks.” The series will be available on Oaktree’s website and YouTube channel on September 12.
Preview the introduction here:
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Oaktree Co-Chairman @HowardMarksBook discusses the main misconception about risk at the Oaktree Conference 2022 in Los Angeles, sharing what he believes is the most important thing for all investors.
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In his latest memo, @HowardMarksBook revisits the subject of bubbles that he first wrote about 25 years ago, outlining the cautionary signs as he sees them today and suggesting how you might think about them. #OaktreeInsights
Read: bit.ly/3C7UM19
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In his latest memo, @HowardMarksBook discusses how the recent events surrounding tariffs can have a seismic but unpredictable impact on the global economy. #OaktreeInsights
Read: bit.ly/4cufzdl
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To celebrate 35 years of @HowardMarksBook’s memos, we’re excited to release The Best of . . . , a curated collection of the memos he considers most impactful.
Watch Howard discuss this milestone: oaktreecapital.com/insights/…
Read The Best of . . . now: oaktreecapital.com/insights/…
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New memo "Investing Without People" from Howard Marks. Read/subscribe/watch: goo.gl/P2QC7w #OaktreeInsights #OaktreeVideos
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In celebration of the 35th anniversary of @HowardMarksBook's memos, we released the first and only complete collection of all the memos in a single volume, from the first one in 1990 to the latest as of publication.
Read now: bit.ly/42Posuk
#AlternativeInvesting
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In his latest memo, @HowardMarksBook discusses making informed guesses regarding the future and shares his questions about re-opening the U.S. economy and the latest Fed moves to help the economy combat the coronavirus. Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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Listen to @HowardMarksBook discuss his recent memo, The Impact of Debt, with bestselling author @MorganHousel in this special episode of Behind the Memo. #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/4cMIszI
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Oaktree is pleased to announce the opening of Oaktree Hyderabad. The decision to expand our operations in India underscores our commitment to the region and recognition of the exceptional local talent.
#AlternativeInvesting
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Listen to the latest memo from @HowardMarksBook to hear what tennis players can teach investors about risk and strategy: bit.ly/3PfV1tL #OaktreeInsights #OaktreePodcasts
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U.S. stocks have managed a remarkable advance in the past several weeks. Has this been appropriate or irrational? @HowardMarksBook shares his thoughts on the recent rally in asset prices in his latest memo. Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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Learn about the true meaning of risk, the relationship between risk and return, and much more in a new ten-part video course from @HowardMarksBook. #OaktreeInsights
Watch the course in full here: bit.ly/3AUQPvR
Or as ten individual lessons here: bit.ly/4gpNJAa
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Read the latest memo from @HowardMarksBook to learn what he believes is the essential choice in both investing and sports. Read/subscribe: bit.ly/44QJJlB
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Listen to the latest memo from @HowardMarksBook to hear why he believes bubbles are more a state of mind than a quantitative calculation as he revisits a subject he first wrote about 25 years ago. #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/40qgeb3
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Listen to the latest memo from @HowardMarksBook to learn why he believes the investment world is undergoing its third major sea change of the last 50 years – and what this may mean for bargain hunters: bit.ly/3HweXpW #OaktreeInsights #OaktreePodcasts
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Read the latest memo from @HowardMarksBook. He explains why “Buy Low, Sell High” isn’t always good advice. Read/subscribe: bit.ly/3Ka4r6Q #OaktreeInsights
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In his latest memo, @HowardMarksBook shares his perspective on the coronavirus situation and lays out the views of both the optimist and the worrier. Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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New podcast of @HowardMarksBook's latest memo "Something of Value" is now available. Listen/subscribe: bit.ly/3k6byPX #OaktreeInsights #OaktreePodcasts
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In his latest memo, @HowardMarksBook shares his questions, guesses, observations and inferences to help make sense of the potential impact of the coronavirus outbreak on global economies and markets. Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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NEW PODCAST: The Memo by Howard Marks! Hear @HowardMarksBook’s latest memos released in tandem with or shortly after their publication. Available on Oaktree’s website and your favorite podcast platforms. Listen/ subscribe: bit.ly/3k6byPX #OaktreeInsights #OaktreePodcasts
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The dichotomy of “value” and “growth” investing has become a sharp stylistic divide. @HowardMarksBook writes in his latest memo how he views value investing in today's increasingly efficient and complex world. Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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Read the latest memo from @HowardMarksBook to learn about the magnetic influence that value ultimately exerts on price. #OaktreeInsights
Read: bit.ly/45OBVnP
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Just because something is unknowable doesn’t mean it’s unimportant. That’s why @HowardMarksBook has devoted his latest memo to a topic he largely disavows: macro forecasting. Read/subscribe: bit.ly/3y6nE2R #OaktreeInsights
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In his latest memo, Howard Marks discusses 9 common theories that reflect a sense of boundless optimism in the marketplace & why investors need to take heed when sentiment of "This Time It's Different" is in widespread use. Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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Read the latest memo from @HowardMarksBook. He contextualizes the current market correction by discussing recurring investment themes and the role played by innovations like cryptocurrencies in the recent bull market. Read/subscribe: bit.ly/3GkudUa #OaktreeInsights
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In his latest memo, @HowardMarksBook examines the recent string of well-publicized credit problems, emphasizing why it’s essential to always balance the desire to put money to work with the need for prudence. #OaktreeInsights
Read: oaktreecapital.com/insights/…
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Listen to the latest memo from @HowardMarksBook to hear his new thoughts on the sea change reshaping financial markets: bit.ly/45B6sSJ #OaktreeInsights #OaktreePodcasts
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Listen to @HowardMarksBook discuss his recent memo, Sea Change, in the latest episode of Behind the Memo. He explains why the shift we may be experiencing could force investors to rethink the meaning of “normal.” Listen: bit.ly/3Iwug2B #OaktreeInsights #OaktreePodcasts
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In his most recent memo, Howard Marks provides his "Latest Thinking" on the new tax law and the current market environment. Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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New memo "Economic Reality" from Howard Marks. Read/subscribe/watch video: goo.gl/P2QC7w #OaktreeInsights
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.@HowardMarksBook is joined by Bruce Flatt, CEO of @Brookfield, to discuss "Ditto" (2013). They examine the distinction between price and value and consider how one might gain a competitive advantage today. Listen: bit.ly/3XZiBy5 #OaktreeInsights #OaktreePodcasts
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In his most recent memo, Howard Marks argues that free enterprise, while not perfect, is the key to "Growing the Pie." Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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Read the latest memo from @HowardMarksBook. He examines the paradigm shifts that could reshape the world for many years to come. Read/subscribe: bit.ly/3y6nE2R #OaktreeInsights
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Read the latest memo from @HowardMarksBook to learn what he believes will be the major ramifications of the Silicon Valley Bank collapse. Read/subscribe: bit.ly/3mGiiLa #OaktreeInsights
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Listen to the latest memo "Taking the Temperature" from @HowardMarksBook to hear what he believes investors should keep in mind when making market calls: bit.ly/3D8irM6 #OaktreeInsights #OaktreePodcasts
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In his most recent memo, "The Seven Worst Words in the World," Howard Marks delivers a cautionary view of market conditions. Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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Read the latest memo from @HowardMarksBook to learn what financial history can teach us about periods of easy money and what happens when they end. #OaktreeInsights
Read/subscribe: bit.ly/3S7Ksvn
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Listen to the latest memo from @HowardMarksBook to hear what he thinks does – and doesn’t – matter about the recent turmoil in the banking sector: bit.ly/3KFAg8B #OaktreeInsights #OaktreePodcasts
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New podcast of @HowardMarksBook’s latest memo “The Illusion of Knowledge” is now available. Click here to listen and subscribe to podcasts from Howard Marks: bit.ly/3cYrTYV #OaktreeInsights #OaktreePodcasts
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In his most recent memo, “Political Reality Meets Economic Reality,” @HowardMarksBook explores what happens when political behavior collides with economic reality. Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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Read the latest memo from @HowardMarksBook to learn what one word he believes defines the essence of investment excellence. Read/subscribe: bit.ly/3EuslI3 #OaktreeInsights
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Howard Marks's new memo "Yet Again?" reflects on "There They Go Again... Again." Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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Why does @HowardMarksBook believe bubble thinking is irrational? Listen to the latest episode of Behind the Memo to learn more about the inspiration for his recent memo, On Bubble Watch. #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/4gW7rCJ
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Listen to @HowardMarksBook discuss what investors should – and shouldn’t – focus on when making a market call: bit.ly/3IWuVsv #OaktreeInsights #OaktreePodcasts
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@HowardMarksBook considers how financial markets may respond to the recent events surrounding tariffs, highlighting the key question regards the appropriateness of the market reaction. #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/3YrJwoo
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Read the latest memo from @HowardMarksBook to learn about the sea change that may be reshaping the investment world. Read/subscribe: bit.ly/3iPs2jO #OaktreeInsights
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In his latest memo, @HowardMarksBook discusses the impact of Covid-related monetary and fiscal policy actions on today’s markets, and the possible ramifications of the Fed/Treasury’s rescue efforts. Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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.@HowardMarksBook looks back on his memo titled “bubble[dot]com” (January 2, 2000) credited with making his memo writing an “overnight success” after 10 years without a single response. Listen/subscribe: bit.ly/3k6byPX #OaktreeInsights #OaktreePodcasts
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Listen to the latest memo from @HowardMarksBook to hear how he thinks the interest rates environment might evolve in the years ahead. #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/3HfuMjG
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New podcast of @HowardMarksBook’s latest memo “Bull Market Rhymes” is now available. Click here to listen and subscribe to podcasts from Howard Marks: bit.ly/3GjLYD8 #OaktreeInsights #OaktreePodcasts
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Read the latest memo from @HowardMarksBook to learn why in fields subject to randomness and human emotion, like politics, economics, and investing, often the smartest thing to say is “I don’t know.” #OaktreeInsights
Read/subscribe: bit.ly/3WnHO6R
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Read the latest memo from @HowardMarksBook. He argues that investors seeking superior performance must think differently & risk being wrong. In investing, it’s not enough to be right. You have to be more right than others. Read/subscribe: bit.ly/3b4J1Lt #OaktreeInsights
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Read the latest memo from @HowardMarksBook to find out more about the sea change altering financial markets. This memo was originally shared with Oaktree clients in May 2023. Read/subscribe: bit.ly/3QdVOwP #OaktreeInsights
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Listen to the latest memo from @HowardMarksBook to hear what he thinks is the most important decision when considering asset allocation. #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/3YAZY6q
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Read the latest memo from @HowardMarksBook to learn what he thinks many investors get wrong about leverage. #OaktreeInsights
Read/subscribe: bit.ly/4bdH8pF
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Oaktree Insights is building a new audio archive of some of @HowardMarksBook’s most popular memos. The first release is You Bet!, the 2020 memo about “thinking in bets.” #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/3Py0HQR
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Read the latest memo from @HowardMarksBook to learn what he thinks is the most important decision when considering asset allocation, as well as the differing roles of equities and credit in a portfolio. #OaktreeInsights
Read: bit.ly/4fbEFh4
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New memo "On the Couch" from Howard Marks. Read, watch video and subscribe: goo.gl/P2QC7w #OaktreeInsights
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.@HowardMarksBook looks back on his memo “You Can’t Predict. You Can Prepare.” (November 20, 2001), the title inspired by a TV commercial tagline from that time. Listen/subscribe: bit.ly/3k6byPX #OaktreeInsights #OaktreePodcasts
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Read the latest memo from @HowardMarksBook to learn what he believes matters when making market calls – and why he thinks most calls tend to be wrong. Read/subscribe: bit.ly/3O7M4n2 #OaktreeInsights
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New podcast of @HowardMarksBook's latest memo "Selling Out" is now available. Click here to listen and subscribe to podcasts from Howard Marks: bit.ly/34DxbV1 #OaktreeInsights #OaktreePodcasts
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Read the latest memo from @HowardMarksBook to learn why macro forecasting mostly provides the illusion of knowledge and why investors are better off accepting reality – even when it’s uncomfortable. Read/subscribe: bit.ly/3QqZw37 #OaktreeInsights
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In his latest memo, @HowardMarksBook explores key topics covered during his meeting with a state pension fund's board and consultant, including determining an appropriate risk posture and assessing performance. #OaktreeInsights #OaktreePodcasts
Read: bit.ly/4nxFJQ9
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Watch an excerpt from @HowardMarksBook’s recent presentation at Oaktree Conference 2024 on the massive changes impacting financial markets. #OaktreeInsights
Watch: bit.ly/4dJeNZf
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Don’t miss the upcoming episode of The Insight: Conversations featuring @HowardMarksBook and special guest @AnnieDuke (former professional poker player, best-selling author).
Subscribe to The Insight by Oaktree Capital wherever you get your podcasts: link.chtbl.com/TheInsight
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Listen to @HowardMarksBook discuss his recent memo “I Beg to Differ” in the latest ep. of “Behind the Memo.” He highlights one of the biggest misconceptions about investing and the two words he considers investment poetry: bit.ly/3d31h8I #OaktreeInsights #OaktreePodcasts
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Listen to @HowardMarksBook discuss his recent memo, “The Illusion of Knowledge,” in the latest episode of “Behind the Memo.” Learn why saying “I don’t know” could be one key to superior investing: bit.ly/3Laj8aC #OaktreeInsights #OaktreePodcasts
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New podcast of @HowardMarksBook's latest memo "Thinking About Macro" is now available. Listen/subscribe: bit.ly/3k6byPX #OaktreeInsights #OaktreePodcasts
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In his latest memo, @HowardMarksBook discusses the reasons for and implications of negative interest rates, which have become increasingly prevalent in global finance and are nothing short of Mysterious. Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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Introducing a new podcast series, “The Rewind,” in which @HowardMarksBook looks back on select memos. We start with his very first memo, “The Route To Performance,” originally published October 12, 1990. Listen/subscribe: bit.ly/3k6byPX #OaktreeInsights #OaktreePodcasts
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Listen to the latest memo from @HowardMarksBook to hear why he believes credit presently offers a better deal than equities, even at today’s spreads. #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/3FbReME
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Listen to @HowardMarksBook discuss his latest memo, Easy Money, and the book that inspired it with financial historian @Chancellor_E in this special episode of Behind the Memo. #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/3Oxlrru
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Listen to the latest memo from @HowardMarksBook to hear why he believes efforts to control free markets often make things much worse. #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/3G4lKZH
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Listen to the latest memo from @HowardMarksBook to hear how he understands the relationship between leverage and longevity. #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/4ag0wRH
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Read the latest memo from @HowardMarksBook to learn what he thinks about politicians’ attempts to ignore the economic facts of life. #OaktreeInsights
Read: bit.ly/3XzeTw8
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Read the latest memo from @HowardMarksBook to learn what he thinks are the potential implications of governmental intervention in economies. #OaktreeInsights
Read: bit.ly/4jZzlzr
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Listen to the latest memo from @HowardMarksBook to hear his assessment of the critical relationship between price and value. #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/45OBVnP
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New podcast of @HowardMarksBook’s latest memo “What Really Matters?” is now available. Click here to listen and subscribe to podcasts from Howard Marks: bit.ly/3OIiJhL #OaktreeInsights #OaktreePodcasts
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Co-Chairman @HowardMarksBook discusses his writing process on a recent episode of the How I Write podcast.
Watch the full episode here: piped.video/watch?v=zZiu-JYL…
#AlternativeInvesting
Howard Marks and Warren Buffett are long-time friends and admirers of each other’s work, so I asked Marks: "What do you admire most about Buffett's writing?"
His answer was hilarious and insightful.
"I admire and strive to emulate his turn-of-phrase.
Back in 2009, when the wheels were coming off the economy and the financial sector in the global financial crisis, Buffett said: 'It's only when the tide goes out that we find out who's been swimming naked.'
What a great image! In other words, there are lots of people who appear to have been skillful, but until they're tested by adverse circumstances, we don't know if it was really skill or just a bunch of good luck.
But look how many words it takes me to say that. He said it in 15."
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Last year featured a jaw-dropping list of extremes. @HowardMarksBook writes in his latest memo about approaching the investment environment left in 2020’s wake – one generating many questions and no easy answers. Read/subscribe: bit.ly/3vqkBS7 #OaktreeInsights
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Listen to the latest memo from @HowardMarksBook to hear what he thinks about attempts to regulate the free market. #OaktreeInsights #OaktreePodcasts
Listen: bit.ly/3TwvwqP
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In this special post-release memo video, @HowardMarksBook discusses Modern Monetary Theory, one of the trending points mentioned in his memo titled “This Time It’s Different.” Watch video/read memo/subscribe: goo.gl/P2QC7w #OaktreeInsights #OaktreeVideos
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In his latest memo, “On the Other Hand,” @HowardMarksBook addresses the implications of the @FederalReserve’s interest-rate management. Read/subscribe: goo.gl/P2QC7w #OaktreeInsights
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Oaktree’s Co-Chairman @HowardMarksBook recently visited @GoldmanSachs in New York to discuss his views on market cycles, investor psychology and why he continues to write memos to this day. #TalksatGS
.@Oaktree Capital Management’s @HowardMarksBook shares his view on the current market cycle. Watch now: click.gs.com/fd32 #TalksAtGS
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.@HowardMarksBook reflects on his memo “Us and Them” (May 7, 2004). In a discussion that namechecks psychologist Amos Tversky and tennis great Pete Sampras, Howard explains why too much confidence can be a dangerous thing: bit.ly/3kuGr1Y #OaktreeInsights #OaktreePodcasts
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.@HowardMarksBook looks back on memos he’s written near major turning points in the market over the last few decades. He considers what an investor should – and shouldn’t – focus on when making a market call. Listen: bit.ly/3IWuVsv #OaktreeInsights #OaktreePodcasts
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.@HowardMarksBook reflects on his memo “It’s All a Big Mistake” (June 20, 2012). He discusses why understanding mistakes – both your own and others’ – is key to superior investing: bit.ly/3v9bYxA
#OaktreeInsights #OaktreePodcasts
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Read the latest memo from @HowardMarksBook to learn what chess can teach investors about the paradox of risk-taking. #OaktreeInsights
Read/subscribe: bit.ly/49C7gc5
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Listen to @HowardMarksBook discuss his latest memo “Selling Out” in the first episode of our new podcast series “Behind the Memo.” Learn more about the memo’s origins and its key investing insights: bit.ly/3fQH9Vi #OaktreeInsights #OaktreePodcasts
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