Howard Marks is widely considered to be a top investor. He became a self-made billionaire and is the co-founder and co-chairman of Oaktree Capital. They manage $150 billion+ of assets so you know his firm is the real deal. In this episode we’ll cover:

• The epiphany that Howard discovered while investing in the “Nifty Fifty” stock era
• The key mindsets that any good investor should have
• What he did during global financial crisis — Including how he made an investment that yielded a 23x return in less than 10 years (!)

Special thank you to Meb Faber for audio in this episode. You can check out Meb’s awesome full interview with Howard here.

Two books that Howard wrote that are a great read:

Mastering the Market Cycle

The Most Important Thing

Contact me to say hello:

Vlad (at) wallstreetvision.com

Sources:

• https://www.stewartinvestors.com/all/insights/stap/nifty-fifty.html
• https://www.multpl.com/s-p-500-pe-ratio
• https://mebfaber.com/2018/10/03/episode-124-howard-marks-its-not-what-you-buy-its-what-you-pay-for-it-that-determines-whether-something-is-a-good-investment/

Music:

https://pixabay.com/

Podcast website:

Wall Street Vision Investing Podcast

Get in touch with Vlad:

Wall Street Vision – Contact

Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.