Howard Marks
13 statements across 4 episodes · 4 bullish · 3 bearish · 4 people on the record · first statement Jun 18, 2018 by Brian Portnoy · said 50 times in 22 episodes since 2018 · across every show →
On the record as a speaker too: Howard Marks's record, appearances and statements → this page counts the times other people say the name.
Mentions by year
brought up most by Ian Charles (9), Jon Harris (7), Morgan Housel (6), Ted Seides (5), Tim Recker (3), Jim Williams (3), Mark Baumgartner (2), David Salem (2)
tap a year for its mentions
2025 3 mentions in 1 episode
2024 12 mentions in 3 episodes 4 per episode
2023 1 mention in 1 episode
2022 3 mentions in 3 episodes 1 per episode
2021 14 mentions in 4 episodes 4 per episode
- Ian Charles & Doc O'Connor – Investing in Sports Teams at Arctos Sports Partners (Capital Allocators, EP.225)
- Friends Reunion – Five Allocators Riff on Investing (Capital Allocators, EP.215)
- Ted with Patrick O'Shaughnessy – Lessons from the World's Elite Money Managers (Capital Allocators, EP.184)
- Eli Casdin – Casdin Capital (Manager Meetings, EP.02)
- every mention in 2021, scene by scene →
2020 1 mention in 1 episode
2019 7 mentions in 4 episodes 2 per episode
- Tim Recker - Concentration at the James Irvine Foundation (Capital Allocators, EP.100)
- Jon Harris – Investing in People at AIM (Capital Allocators, EP.105)
- Ash Williams – Florida SBA's Reigning Chief (Capital Allocator, EP.104)
- Ron Biscardi – Putting Hedge Funds in Context (Capital Allocators, EP.83)
- every mention in 2019, scene by scene →
2018 9 mentions in 5 episodes 2 per episode
- James Williams – Curating The Getty's Assets (Capital Allocators, EP.50)
- Mark Baumgartner – Luck, Risk and Uncertainty at the Institute for Advanced Study (Capital Allocators, EP.77)
- Brian Portnoy – From Complex to Simple (Capital Allocators, EP.57)
- Tom Bushey – Launching a Hedge Fund (Capital Allocators EP.78)
- Michael Batnick - The Best Investors and Their Biggest Mistakes (Capital Allocators, EP.71)
- every mention in 2018, scene by scene →
Everything said about Howard Marks, oldest first
Jun 18, 2018 negative
Volatility is genuine risk because it induces investors to abandon their plans
“The smartest of the smart guys say that volatility is not risk. And I strongly, strongly disagree. Because if you're, what you're really trying to do is achieve your goals in life, and the more volatile an investment is, Makes it more likely that you're going …”
Oct 8, 2018 positive
Jul 25, 2022 positive
Friedman: Oaktree Outpaced Early Canyon by Targeting Institutional Asset Allocation Boxes
“I remember when our good friends, Bruce Karsh and Howard Marks left Trust Company in the West to start Oak Tree and almost instantly had more capital than we did, or at least as much, and we had started a few years earlier, and part of it was that they underst…”
Apr 7, 2025 neutral
Apr 7, 2025 neutral
Apr 7, 2025 bullish
Apr 7, 2025 neutral
Marks: Being raised by Depression-era adults instills fundamental investment caution
“If your parents were adults during the depression, they were traumatized, and you grew up hearing things like, don't put all your eggs in one basket and save for a rainy day. I think, if nothing else, that may be a rather, I would say, cautious person.”
Apr 7, 2025
Marks: Oaktree memos require differentiated viewpoints rather than consensus commentary
“The basic Thing is, I have to think I have something to write, which not everybody else has been writing or talking about, or I have to see something differently from everybody else. The last thing I want to do is put out a memo that says, me too.”
Apr 7, 2025 negative
Apr 7, 2025 negative
Apr 7, 2025 positive
Apr 7, 2025
Marks: When neglected assets become popular, opportunity vanishes and risk remains
“As I say, if you do things nobody else wants to do, you can usually get a good deal. But then eventually other people figure out that it's a good idea. They flock in. It becomes more popular. And then of course, like everything, it gets overdone. Then the oppo…”