Howard Marks (Very Rare) Interview on $OAK IPO

Howard Marks (Very Rare) Interview on $OAK IPO

Howard Marks (Very Rare) Interview on $OAK IPO

May 7 (Bloomberg) — Howard Marks, chairman and co-founder of Oaktree Capital Group LLC (now NYSE:OAK), talks about the firm’s initial public offering and investment philosophy. He speaks with Bloomberg Television’s Sheila Dharmarajan. The firm is one of the largest value funds, and probably the largest publicly traded value firms.

Some quotes:

Charlie Munger’s Advice For Finding The Best Investments

Charlie MungerWhen it comes to finding future business champions, Warren Buffett and Charlie Munger have really excelled over the past seven decades. Q3 2021 hedge fund letters, conferences and more One could argue that these two individuals are some of the best growth investors of all time, thanks to their ability to spot companies like Coca-Cola Read More

On the IPO he stated: “It was very challenging,” “We had to do a small deal at the bottom end of the range. You have to accept that you’re not a master of the universe, and that these things are not within your control.”

“My greatest priority for the years ahead is that there be no change in how we pursue our basic business.”

“I believe that if we are successful in our business then the public market will take care of itself.”

Marks rarely gives interviews so this is quite a treat.  video below:

Updated on

No posts to display