Oaktree Howard Marks: Masters in Business (Audio)
Masters in Business
00:00
How to Be in the Top 5% of Money Managers
In the peculiar math of investing, that made him one of the best in the world. By not having any huge blowout years, he managed to just gradually rise to the top. So consistency second quartile over long periods of time puts you in that top 5% or better. And no blow ups.
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Transcript
