I had the incredible privilege of interviewing Howard Marks. He was very generous with his time and knowledge. We talk macro, cycles, bonds, and yes... even #Bitcoin. Does he own any? Find out here. - Trey

@matejsvec4451

2 жыл бұрын

It takes a strength of character to admit that you don't know enough about specific asset to create a strong opinion. Respect for Howard.

@BR-joking

2 жыл бұрын

I know we can find it online, but it would be great to link his letter. You lead off celebrating it, praising it, so maybe provide a link to it in the comments section. Everyone should read it more than once. Nice interview, last few interviews have been top notch

@littlestockguys7290

2 жыл бұрын

are you based in LA/OC?

Am a fan of Howard Marks and this is a great interview! I so appreciate an interviewer that puts his guest center stage and avoids interrupting except to gently nudge the conversation on. Well done!

Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.

@corrySledd

10 ай бұрын

Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals

@sheltonPston

10 ай бұрын

Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

@AUstinnesc

10 ай бұрын

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

@sheltonPston

10 ай бұрын

There are a lot of independent advisors you might look into. But i work with Nicole Desiree Simon and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her

@AUstinnesc

10 ай бұрын

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

Howard Marks is absolutely brilliant - the one-horse race story was great!

This was a fantastic interview. Thank you for conducting it. Most of the time I see Howard Marks in an interview, the interviewer is interrupting him or trying to get him to bolster some sort of political or economical agenda. This was a pure addition to knowledge.

@TheInvestorsPodcastNetwork

2 жыл бұрын

Thank you for listening!

Love the caution and clarity of Mr. Marks!

Best Howard Marks interview I have ever seen. You let him really detail his investing philosophy.

I like how humble he is....never acting like a know it all. He admits he doesn't know what the market will do

Sir Howard's book entitled, "The Most Important Thing Illuminated" should be on every contrarians' top reading list! Thank you for this channel and for sharing sir Howard Mark's timeless wisdom!!

Superb interview. I am a big Howard Marks' fan.. Loved it.. Lots of wisdom

I can't thank you enough; it's been a long time since I've listened to a podcast with such a high level of information; everything said was incredibly insightful and enlightening.

Great interview. Very good interviewer who gets out of the way and let experience talk.

Best interview to Howard Marks, ever. Thanks!

Really good interviewer. No interruptions and very respectful. And asks super intelligent questions

These guys with such guests are on a complete different level in comparison with other channels

Brilliant Howard! 1 hour of wisdom explained in a simple and straightforward way 👍

It always makes me chuckle when Howard says "The most important thing..." Great episode with greeat questions...

I love listening to Howard Marks, I like this guy a lot and thank you for bringing you to your program

Thank you Howard and Trey. Such sound wisdom in these times.

@TheInvestorsPodcastNetwork

2 жыл бұрын

Thank you for listening!

Content is so good that I had to listen... for umpteenth times.

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

@mykreid

Жыл бұрын

I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

@cyrilmilton

Жыл бұрын

This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name Olivia Maria Lucas and everything changed. In in the first quarter of this year i made $370k and counting.

@suziehovic

Жыл бұрын

Olivia Maria Lucas really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her

Well done on getting Howard to talk about Bitcoin and crypto!

Very smooth and informational interview, I enjoyed every minute of it

Very wise elaboration on the money market, interest rates and the FED.

this was great, you asked specific questions - thank you!

Thank you both. Excellent talk. 👍🏻

Caution, patience, important investing... 😮 Thanks for your information insight .😊😊😊😊😊

@TheInvestorsPodcastNetwork

2 ай бұрын

Our pleasure! You might also be interest to watch this: kzread.info/dash/bejne/np6Mq5OvhcXSZrQ.html 🙌

Thank you guys. That was awsome.

Great interview.. clear perspective and opinion on matters.

Thank you Howard Marks

Great interview. Thank you.

THANKS SO MUCH 😊😊😊😊 HIT OR MISS Investing

Trey you did a fantastic job interviewing Howard Marks. You were the fly on the wall that you were supposed to be and only asked questions to keep the conversation moving forward. My hats off to you and you earned me as a subscriber today.

@TheInvestorsPodcastNetwork

2 жыл бұрын

Thank you so much for subscribing!

Great content! thank you both

Starting early is the best way of getting ahead to build wealth, investing remains a priority. Even in a downtrend, the stock market/crypto has plenty of opportunities to earn a decent payout, with the right skills and proper understanding of how the market works.

@theresagarcia1218

Жыл бұрын

Courage taught me: no matter how bad a crisis gets, any sound investment will eventually pay off.

@mayacho4910

Жыл бұрын

@@theresagarcia1218 You are so right. I know because my advisor is able to find so many good plays. My portfolio literally went from $300k to $1.1m last year (not counting withdrawals I made) all really exciting. I guess it’s the experience and better judgement.

@mariahhayes5089

Жыл бұрын

@@mayacho4910 Hey! Please who is this advisor of yours? I guess success really means total knowledge and I hope he/she can help me get back what I lost. Can I have easy access to reach out?

@mayacho4910

Жыл бұрын

@@mariahhayes5089My consultant is 'MARGARET ANN WARNKEN" I found her on a BBC interview where she was featured and reached out to her afterward. She has since provided entry and exit points on the securities I focus on. You can look her up online. I follow her trade pattern and haven’t regretted doing so.

@mariahhayes5089

Жыл бұрын

@@mayacho4910 Access to good information is what we investors need to progress financially and generally in life. here's a good one and I am grateful. Found her website and it was really impressive.

Very well done, thank you.

Thank you, H. Marks

Great interview, subscribed!

I just realized another one of The Buffett/Munger Gems. He is really a great person. The lesson I think is that one needs to invest with caution and understanding. What I get from this is that the long term investor who follows a good sense will come on top at the end.

Howard is very kind to be sharing these insights 👍🏽

@TheInvestorsPodcastNetwork

2 жыл бұрын

Thanks so much for watching! Glad you found them valuable.

Good interview. Well thought out questions and script. Thanks

@TheInvestorsPodcastNetwork

Жыл бұрын

Glad you enjoyed it!

Just came across Howard Marks, and the algorithms brought this to my attention. Very good dialogue. Very intelligent questions and answers Risk posture is heavily on my mind now that the summers are dwindling away in the full-time work arena. I wonder what Howard dialogue with his son around crypto sounds. New subscriber.

This man is my hero....

Great interview

Great video and good subject

@TheInvestorsPodcastNetwork

2 жыл бұрын

Glad you think so!

Great conversation 👍🏾

@TheInvestorsPodcastNetwork

Жыл бұрын

Thanks for listening!

great!!

3:48 Did Howard Marks essentially say it's different this time?

Thanks for this free and valuable info Trey, such a resource, well done. Great interview.

You u please do an episode on one million portfolio contraction in details for young ppl? Thanks. Also, high Cc covered call writing to generate small cash flow during down and flat markets? Thx

Incredible how Howark Marks didn't correct Oaktree repeatedly being called Oakmark (a fund by another value investor Bill Nygren) :)

Longer time spans 20-30 years? : - put it in don’t look again. Shorter time spans (Now and perhaps 5 years):- Price is what you paid: Value (of that investment high or low) is what you got. Very different investing plans. The questions then remains: What is the intrinsic Value of a company today vs 20/30 years from now? What is the intrinsic Value of a company Now vs 5 years from now? Index Funds for the long haul. Index funds for the short haul - IF fairly Valued. Much to evaluate depending on what age one is, and what are the goals? For yourself vs for your progeny? Two completely different scenarios - again based upon a time line. Thanks Much!

Superb.Awsone.Cant thank more

Sounds too damn logical

👏

Thank you Mr. Marks

Everyone going into stocks is like everyone going to one side of the boat. The boat will flip over.

JM Hurst

Besides Dr Thorpe, Anne collier, and of course buffet, munger and Ben, this man gave us some of the best tools to anticipate the cycles. Actually Buffet said at meeting once, anything Mark writes he reads and when he speaks he pays attention. Buffet doesn’t say things like this much about folk, he usually mentions The great Ben graham of course and his bro Charlie munger the great. Tell you what Cathy wood should’ve read his book before dumbing there Nvidia holdings, man I felt her pain 😢😢

congratulations for the interview. very well conducted!

2021-2022 bonds was hitting almost 9%, everyone keeps a portion of cash, say in savings, I took a portion and laddered them, so every few months I could alway take the cash out with the interest and reinvest or put back in 4.1-5% savings and if it’s more then you can negotiate something favorable. As far as bitcoin, I do not mess with them, im honestly not even sure how to calculate them. I did throw some into BITO PROSHARES,BKCH, and DAM, I still hold them, they do ok. But I don’t know much about crypto currency

Had I never invested or traded a single dollar in the market I’d be infinitely better off

49:25 50:32

Marks is from the "old economy." This is the "new economy." Wait....did I hear that same idiom back in 1999?

Mr. Marks is one of the best. Thank you for that great interview.

Great Interview…. Thanks 🙏

im way behind in listening to this, and when he talked about bitcoin i immediately knew. winder whatd he say now...

The interviewer has done a great job asking all important aspects of investment. But for older investors more elaborate discussion is required as these people sometimes have limited money at their disposal and ample free time.

@TheInvestorsPodcastNetwork

2 жыл бұрын

Thanks for watching!

Excellent second level thinking! I am always eager to hear what Howard Marks has to say!

I wonder if I am the naive noob or he's the dinosaur when I listen to him talk about cash flows and discount rates. As if these things meant anything in today's world.

@no_more_spamplease5121

8 ай бұрын

That's easy to answer. You're the naive noob. You're welcome. 😉

Schönes Video, bitte, was ist der beste Weg, um Kryptowährungsinvestitionen zu starten und gute Gewinne zu erzielen. Ich habe recherchiert schon eine Weile und weiß immer noch nicht, wo ich anfangen soll...

@claradutch5836

Жыл бұрын

@Naila Ma'at Ra Wie kann jemand einen erfahrenen Trader kennen, dem man vertrauen kann, wenn gute heutzutage schwer zu finden sind?

@claradutch5836

Жыл бұрын

@Naila Ma'at Ra Bitte, wie kann ich diese Frau Kristen Sofia kontaktieren? Ich würde auch gerne mit ihr handeln

Interesting to hear his opinion on Chinese equities when so many people are saying to stay away

@pornstarpat

2 жыл бұрын

Oaktree does own some Chinese companies. I don't think the short term noise outweighs the fact that Chinese middle class will balloon in the next 10 years as well china will be the biggest economy by 2028.

Stock market will crash 90%. Bonds wont do that

Cryptocurrency is worthless computer code. You like computers code? Hire a computer programmer

@sebfox2194

2 жыл бұрын

Google, Microsoft, and Facebook are also computer code. And they hire a lot of computer programmers, so that they can sell the code that they produce.

Thanks for having this old rich dragon on the show who is starting to understand bitcoin, who doesnt have to worry about money to live well. He is somewhat irrelevant to many listeners because he is wealthy and wants to protect his wealth. He should be buying bitcoin and is lucky his son bought it for him. Plenty of accumulated wisdom but does he understand what defi will do?

@matmaism

2 жыл бұрын

Do you think the audience wants to listen to people that aren't wealthy on how to successfully invest? You realise the guy is a multi-billionaire & knows more about capital appreciation than you ever will, particularly with that arrogant attitude.

@sebfox2194

2 жыл бұрын

How do you think he got wealthy in the first place? The answer is by knowing how to make and accumulate wealth. His insights are relevant to anyone who wants to make money.

Im sorry that example with the grandkids makes no sense...you are taxed on dividends, taxed when u liquidate and the kids cant wait 70 years they will be dead!