TIP545: The Third Sea Change Has Begun w/ Howard Marks

  • Thread starter We Study Billionaires - The Investor’s Podcast
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We Study Billionaires - The Investor’s Podcast

Guest
Trey Lockerbie invites the renowned Howard Marks, known for establishing Oaktree Capital with $140B in AUM and earning a reputation as an investing legend for his consistent performance, unconventional investments, and insightful memos. In their discussion, Howard shares his views on various topics, including A.I., Bitcoin, and his prediction that the financial markets are undergoing a significant transformation, which he believes is the third such occurrence in his illustrious 50-year career.

Howard is the author of several books on investing, including "The Most Important Thing" and "Mastering the Market Cycles," which have been widely praised for their insights into the investment process.



IN THIS EPISODE YOU’LL LEARN:

0:00 - Intro.

01:53 - His prediction that the financial markets are entering a Sea Change, the third such event he has seen in his over 50 year career.

02:16 - Why this Sea Change differs from normal market cyclicality.

18:58 - How a more moderate interest rate environment affects global debt and his risk assessments.

36:28 - How studies of Japan influenced his investing philosophies.

48:21 - His thoughts on A.I., Bitcoin, Japan & China.

56:14 - Also included are some of Howard’s personal insights.



Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.



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