{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6473412e064cb100119e1b59/699d94f5e58ea911387e7384?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Investment Wisdom, by Howard Marks","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/6473412e064cb100119e1b59/1771935347548-29391d2c-76a6-4acb-900c-a63af54d1431.jpeg?height=200","description":"<p>Welcome to a new episode of the Sweat Your Assets podcast.</p><p><br></p><p>Howard Marks is the co-founder of Oaktree Capital Management and author of \"The Most Important Thing\" and \"Mastering the Market's Cycles\".</p><p>In this 2022 Q&amp;A, he shares his investment wisdom covering these subjects:</p><p><br></p><p>How to measure the temperature of the markets</p><p>The danger of weaving a narrative. The case of tech and bitcoin</p><p>Making money by lending to crap companies</p><p>The logic behind market calls</p><p>The value of idiosyncratic positions</p><p>Dare to be great</p><p>We don't value quantitative analysis and models</p><p>Be a sceptic (the case of Bernie Madoff)</p><p>Learn your lessons inexpensively</p><p>Success carries the seeds of failure</p><p>It is all about Balance</p><p>How to rely (or NOT) on DATA</p><p>Fixed Income Investing is the Negative Art</p><p>If we avoid the losers, the winners take care of themselves</p><p>Know what you don't know &amp; know something other people don't know</p><p><br></p><p>Thank you for tuning in.</p><p><br></p><p>Until next time.</p><p><br></p><p>Sweat Your Assets</p><p><br></p>","author_name":"Alessandro Baroni"}