Investor Tips

Billionaire Howard Marks Lecture on Investment Philosophy, Intrinsic Value and Managing Risk

A interview and Q&A with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this lecture, Howard discusses his investment philosophy and how he finds a company’s intrinsic value. Howard also talks about how to manage risk and when the market will produce the greatest returns. 📚 Books by Howard Marks and his favourite books are located at the bottom of the description❗

Like if you enjoyed
Subscribe for more:
Follow us on twitter:

Other great Value Investor videos:⬇

Joel Greenblatt: Value Investing for Small Investors:

Seth Klarman on Value Investing, Investment Strategies and Advice for Success:

Billionaire Prem Watsa: Value Investing Philosophy and Strategy:

Video Segments:
0:00 Introduction
0:55 Investment philosophy
3:35 What principles do you use when searching for opportunities?
17:12 What kinds of information on securities do you need?
21:09 What kind of investor rationalities do you use?
33:13 What periods lead to greater or lesser returns?
44:16 How do you define and estimate value?
48:52 Factoring all the various elements of an investment?
56:48 Market prices vs intrinsic value?
1:06:57 How do you define and manage risk?
1:12:06 Asset allocation?
1:19:19 Start of Q&A
1:19:28 Outlook on Japan’s bond market?
1:23:40 Role of rating agencies in investment decisions in distressed debt?
1:28:06 Are you a participant in municipal bankruptcies?
1:32:11 Opportunities in power sector?
1:33:18 When a deal did not go your way?
1:36:22 IRR?
1:38:19 The most important thing?

Howard Marks Books 🇺🇸📈 (affiliate link)
The Most Important Thing:
Mastering The Market Cycle:

Howard Marks Favourite Books🔥
Winning the Loser’s Game:
A Short History of Financial Euphoria:
Fooled by Randomness:

Interview Date: 14th February, 2013
Original Image Source:

Investors Archive has videos of all the Investing/Business/Economic/Finance masters. Learn from their wisdom for free in one place.

For more check out the channel.

Remember to subscribe, share, comment and like!

No advertising.


Products You May Like

Articles You May Like

Op-Ed: Bailouts should come with strings attached so taxpayers can profit from recovery
10-year Treasury yield heads for weekly decline as coronavirus crisis deepens
Trying to get hired amid the pandemic? Here are some tips
Small businesses have ‘a million questions’ about paycheck relief loan as applications come due
DOT: Airlines must give refunds — not just vouchers — when flights are axed amid coronavirus

Leave a Reply

Your email address will not be published. Required fields are marked *