Billionaires Howard Marks & Bruce Karsh: Creating Oaktree and Investment Philosophy (2017)

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❗

Like if you enjoyed
Subscribe for more:http://bit.ly/InvestorsArchive
Follow us on twitter:http://bit.ly/TwitterIA

Other great Value Investor videos:⬇

Joel Greenblatt: Value Investing for Small Investors:http://bit.ly/JGreenblattVid

Seth Klarman on Value Investing, Investment Strategies and Advice for Success:http://bit.ly/SKVid

Billionaire Prem Watsa: Value Investing Philosophy and Strategy: http://bit.ly/PWVid1

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:http://bit.ly/MostImportantThingHM

Howard Marks Favourite Books🔥
Winning the Loser’s Game:http://bit.ly/WinningTheLosersGame
A Short History of Financial Euphoria:http://bit.ly/FinancialEuphoria
Fooled by Randomness:http://bit.ly/FooledByRandomnessHM

Interview Date: 24th May 2017
Event: Howard Marks Investor Series
Original Image Source:http://bit.ly/BKHMPic

Investors Archive has videos of all the Investing/Business/Economic/Finance masters. Learn from their wisdom for free in one place.

For more check out the channel.

Remember to subscribe, share, comment and like!

No advertising.