
Oaktree Howard Marks: Masters in Business (Audio)
Masters in Business
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How Much of the Company Was Listed?
We had always given ownership of the firm to the employees. We thought they would want to have a way to number one know the value of their stake and number two monetize it. So I think that public ownership played a key role in that. And then for further generational transition as my generation moves on one of these days I'd like to has a way to monetize that value and part of it and turn the rest of it over to the other employees. That's a smart guys but smart plus preparation plus luck is certainly a secret.
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