259 results for "memo":
Showing 1 - 10 of 259 results
Behind the Memo - The Impact of Debt - Transcript
1 Transcript Insights Behind the Memo – The Impact of Debt with Howard Marks and Morgan Housel Anna Szymanski Hello and welcome to Behind the Memo by Howard Marks., Howard’s recent memo, The Impact of Debt, is based on a Collaborative Fund blog post that Morgan wrote, entitled How I Think About Debt., As I mentioned, Howard’s recent memo is based on a blog post that you wrote for the Collaborative Fund., I show in the memo through a series of little cartoons, that a highly leveraged capital structure cannot coexist with highly volatile assets., He says in there that one of the two outstanding characteristics of the investment universe is shortness of memory., Behind the Memo - The Impact of Debt - Transcript
Behind the Memo - On Bubble Watch - Transcript
1 Transcript Insights Behind the Memo - On Bubble Watch Harry Whitelaw Hello, and welcome to Behind the Memo with Howard Marks., And again a quote by Kindleberg- er in the memo that I think probably made a lot of us chuckle is, “There’s nothing so disturbing to well-being as to see a friend get rich.”, H a r ry So, the memo mainly addresses equity market bubbles., I’m regretting that we can’t display your probability curves on the podcast format, but I’ll direct our listeners to Howard’s asset allocation memo to see them., And of course, all Howard’s memos, all 35 years of them, can be found on the Insights section of the Oaktree website., Behind the Memo - On Bubble Watch - Transcript
Behind the Memo - Easy Money - Transcript
1 Transcript Insights Behind the Memo – Easy Money with Howard Marks and Edward Chancellor Anna Szymanski Hello and welcome to Behind the Memo with Howard Marks., Howard’s latest memo, Easy Money, was inspired by The Price of Time., As I mentioned, your most recent memo is inspired by Edward’s latest book, but this is actually your second memo to be inspired by a book of Edward’s., So to begin, can you speak about that previous memo and its relationship to this one?, So anyway, I wrote a memo called bubble.com about what I was seeing in the tech bubble., Behind the Memo - Easy Money - Transcript
1996-07-22-the-value-of-predictions-II-or-give-that-man-a-cigar
A l l R i g h t s R e s e r v e d Memo To: OaktreeClients From: HowardMarks Re: TheValueofPredictionsII(or"GiveThatManaCigar") Date: July22, 1996 In a February 1993 memo entitled "The Value of Predictions," I expressed my negative opinion of attempts to predict the macro-future., I pointed out in my 1993 memo that most of the time, you can't get superior results with inaccurate forecasts or with accurate forecasts that reflect the consensus., A l l R i g h t s R e s e r v e d Legal Information and Disclosures This memorandum expresses the views of the author as of the date indicated and such views are subject to change without notice., This memorandum is being made available for educational purposes only and should not be used for any other purpose., This memorandum, including the information contained herein, may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of Oaktree.
2002-05-31-the-realists-creed
A l l R i g h t s R e s e r v e d Memo to: OaktreeClients From: HowardMarks Re: TheRealist's Creed Early this year, I was asked to write an article for "Trusts & Estates" magazine., A l l R i g h t s R e s e r v e d Legal Information and Disclosures This memorandum expresses the views of the author as of the date indicated and such views are subject to change without notice., This memorandum is being made available for educational purposes only and should not be used for any other purpose., This memorandum, including the information contained herein, may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of Oaktree.
2003-10-02-the-feelings-mutual
A l l R i g h t s R e s e r v e d Memo To: OaktreeClients From: HowardMarks Re: TheFeeling's Mutual Throughout the recent, seemingly endless series of scandals, complaints, settlements, indictments and meltdowns involving corporations, auditors, brokerage firms, investment banks and hedge funds, the mutual fund industry remained untouched., A l l R i g h t s R e s e r v e d Legal Information and Disclosures This memorandum expresses the views of the author as of the date indicated and such views are subject to change without notice., This memorandum is being made available for educational purposes only and should not be used for any other purpose., This memorandum, including the information contained herein, may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of Oaktree.
2005-06-06-a-case-in-point
A l l R i g h t s R e s e r v e d Memo to: OaktreeClients From: Howard M a r k s R e : ACaseinPoint Lastmonth, my memo “There They Go Again” discussed investors’ propensity to repeat certain classic mistakes., Anyway, this isn’t a memo about convertible arbitrage, but about investors’ persistent mistakes., A l l R i g h t s R e s e r v e d 7 Legal Information and Disclosures This memorandum expresses the views of the author as of the date indicated and such views are subject to change without notice., This memorandum is being made available for educational purposes only and should not be used for any other purpose., This memorandum, including the information contained herein, may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of Oaktree.
2011-07-21-down-to-the-wire
Memo to: OaktreeClients From: Howard M a r k s R e : DowntotheWire Here are the ingredients in the plot: A problem everyone’s aware of., I’ve decided to devote a memo to the debt issue and its significance., Legal Information and Disclosures This memorandum expresses the views of the author as of the date indicated and such views are subject to change without notice., This memorandum is being made available for educational purposes only and should not be used for any other purpose., This memorandum, including the information contained herein, may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of Oaktree
2013-02-21-high-yield-bonds-today
Memo to: OaktreeHighYieldBondClients From: HowardMarksandSheldonStone Re: HighYieldBondsToday Clientsoftenaskforourviewsonthehighyieldbondmarket: “Do we think prices are too high?”, (This is in essence what Howard concluded in his most recent memo, “Ditto.”), Important Legal Information and Disclosures This memorandum expresses the views of the authors as of the date indicated and such views are subject to change without notice., This memorandum is being made available for informational purposes only and should not be used for any other purpose., This memorandum, including the information contained herein, may not be copied, reproduced, republished, posted, transmitted, distributed, disseminated or disclosed, in whole or in part, to any other person in any way without the prior written consent of Oaktree
What Really Matters
All Rights Reserved Follow us: Memo to: Oaktree Clients From: Howard Marks R e: What Really Matters?, I’ve gathered a few ideas from several of my memos this year – plus some recent musings and conversations – to form the subject of this memo: what really matters or should matter for investors., One of the recurring themes in my memos is the idea that the quality of a decision cannot be determined from the outcome alone., This memorandum is being made available for educational purposes only and should not be used for any other purpose., This memorandum, including the information contained herein, may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of Oaktree