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Billionaire Howard Marks: Learning From History, Risk and Market Cycles

A interview with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview, Howard discusses what he has learnt from the history of financial markets and how this has aided his investment decision making. Howard also talks about how he views risk and the market cycles. ? Books by Howard Marks and his favourite books are located at the bottom of the description❗

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Video Segments:
0:00 Introduction
1:30 History in financial decision making?
9:03 Why did you choose to go to Wall Street?
15:06 How to understand cycles?
20:13 How did you get yourself to write a book?
25:23 Why market cycles?
29:19 Passive vs fundamental investment?
38:19 Can we generate returns with less risk?
46:00 2009 and 1970’s?
53:25 How do you take the rating of a bond into consideration?
1:01:35 Capital structure and risk?
1:05:51 Are covenants cyclical?
1:12:15 Response to financial crisis?
1:18:47 Opportunity zones?
1:19:22 Does high frequency change market cycles?
1:26:42 Factors that made you write?

Howard Marks Books ??? (affiliate link)
The Most Important Thing:http://bit.ly/MostImportantThingHM
Mastering The Market Cycle: http://bit.ly/MasteringTheMarketCycle

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: 12th October, 2018
Event: Milken Institute Forum
Original Image Source:http://bit.ly/HMarksPic15

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