Howard Marks & Bruce Karsh: Creating Oaktree and Investment Philosophy

An interview and Q&A with billionaire investors and founders of Oaktree Capital Management, Howard Marks & Bruce Karsh. In this interview, the gentlemen discuss how they got into distressed debt investing and starting and building Oaktree. The gentlemen also talk about their investment philosophies and business principles. ? Books by Howard Marks and his favourite books are located at the bottom of the description

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Get the entire 10-part series on Charlie Munger in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues.

What can past market crashes teach us about the current one?

The markets have largely recovered since the March selloff, but most would agree we're not out of the woods yet. The COVID-19 pandemic isn't close to being over, so it seems that volatility is here to stay, at least until the pandemic becomes less severe. Q2 2020 hedge fund letters, conferences and more At the Read More

Advice for Success: Billionaire Prem Watsa: Value Investing Philosophy and Strategy: Video Segments: 0:00 Introduction 3:51 Early years, from law to investing? 7:28 First investments in distressed debt? 9:26 Cycles? 10:49 Why did you accept my pitch? 13:07 Raising a fund? 17:10 Invest within yourself 21:30 The first memo 23:43 Efficient market hypothesis 26:12 Thinking behind Fund 4? 28:46 Starting Oaktree 29:18 Motivations for starting Oaktree? 35:38 Sharing the fruits 38:21 Culture 39:28 Did you set out to build a brand? Investment philosophy and business principles? 42:50 Start of Q&A 43:18 How do you maintain an edge in a crowded field? 47:56 When is it time to change? 51:08 Where are we in the cycle? 53:03 Why did you take Oaktree public? 54:41 Academic or common sense analysis? Howard Marks Books ??? (affiliate link) The Most Important Thing: Howard Marks Favourite Books? Winning the Loser's Game: A Short History of Financial Euphoria: Fooled by Randomness: Interview Date: 24th May 2017 Event: Howard?Marks?Investor?Series Original Image Source: