Billionaire Howard Marks: Margin Of Safety, Value Investing and Market Cycles (2018)

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A interview and Q&A with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview, Howard discusses the importance of having a margin of safety and why value investing is the superior investment strategy. Howard also talks about market cycles, arguing that investors should be greedy when other are fearful. 📚 Books by Howard Marks and his favourite books are located at the bottom of the description❗

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Other great Value Investor videos:⬇

Joel Greenblatt: Value Investing for Small Investors:http://bit.ly/JGreenblattVid

Seth Klarman on Value Investing, Investment Strategies and Advice for Success:http://bit.ly/SKVid

Billionaire Prem Watsa: Value Investing Philosophy and Strategy: http://bit.ly/PWVid1

Video Segments:
0:00 Introduction
0:26 How do you think about the margin of safety?
3:55 Is value investing gone out of style and is it safer than growth investing?
7:12 How do you think about risk/return in cycles?
13:55 Emotional intelligence?
19:06 Enough dry powder to prop up the market in a correction?
30:40 Are you still net sellers?
32:40 Challenges of this generation of investors vs the previous generation?
40:54 Thoughts on shareholder activism?
50:30 Role of education in your life?

Howard Marks Books 🇺🇸📈 (affiliate link)
The Most Important Thing:http://bit.ly/MostImportantThingHM

Howard Marks Favourite Books🔥
Winning the Loser’s Game:http://bit.ly/WinningTheLosersGame
A Short History of Financial Euphoria:http://bit.ly/FinancialEuphoria
Fooled by Randomness:http://bit.ly/FooledByRandomnessHM

Interview Date: 10th April, 2018
Event: Marks Investor Series
Original Image Source:http://bit.ly/HMarksPic8

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