Interview with Howard Marks: Masters in Business (Audio)
Masters in Business
00:00
Oaktree's Investment Philosophy Is Important
The investment philosophy gives everybody a creed to live by and a way to pull together. At Oaktree, we have a structure which is designed to encourage team behavior, not individual behavior. We don't pay people based on their quantitative results in the prior year because quantification isn't everything. And insistence that we will only be active in inefficient markets.
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Transcript
