Howard Marks: 79 Years of Investing Wisdom in 55 Minutes
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
All right. Here's what I said. I said describe Howard Marks in two hundred eighty characters. Here's what it gave you. Howard Marks is a legendary investor and co-founder of Oak Tree Capital. Known for his sharp memos, contrarian thinking, and risk focused approach, he made billions zigging when others zag, especially in crises. When he writes Wall Street lessens. Pretty flattering.
Pretty pretty good, yeah. I feel like I can rule the world, I know I can be what I want to. I'm putting my law in it like my day song. On the roadless travel, never looking at the black. So I wanna ask about the SP because you don't know much about us, but the the short version of uh of the guy you see across from you there, Sam, is Uh, Sam's an entrepreneur. Sam builds his company. He sold his company and he took the money that he made and he said, look, I worked hard for this money.
Now I want this money to work hard for me, but I need it to be safe. And says Sam went into a a mostly You know, best practice. Low cost index funds in the SP five hundred. And any time I ask Sam about his strategy or I tell him Dude, you gotta buy Bitcoin. Ethereum, you gotta buy this, you gotta put some money over here. Cause I'm I'm like You know, if Sam is vanilla, I don't even know what I am. I'm some flavor off on the side. That's how about strange Tutti Frutti.
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