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Howard Marks Discusses the Interest-Rates Machine

Masters in Business

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Oaktree - What Investors Influenced Your Thinking?

Howard Marks: I think most people would say that I'm quantitative and financial and analytical. But I really think I have a creative side, he says. He cites John Kenneth Galbraith as an early influence on his thinking about the value of distressed assets. "If the game is not within your control, then you win a tennis, not by hitting winners, but by avoiding losers"

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