The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 3 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Marks: Oaktree invested $10 billion across final 15 weeks of 2008
“For the last 15 weeks of oh eight, we invested an average of six hundred and fifty million a week for a total of ten billion, and the financial world did not melt down.”
Marks: Howard Marks no longer makes active investment decisions at Oaktree
“I'm not reading at this point to become a better investor. I'm not making that many investment around this decisions around here. I'm really just trying to lead the organization, the people in the culture and relate to the clients and write and speak and that …”
Marks: Oaktree Invests at the Micro Level, Not in Macro Themes
“First of all, let me say, Oaktree is not what we call a macro investor. We do not invest in broad themes of economic growth and movements in currencies and interest rates. We are a micro investor. We invest in individual companies and situations and properties…”