The show, episode by episode

The Memo by Howard Marks

Oaktree Capital Management

On October 12, 1990, Oaktree Co-Chairman Howard Marks published his first memo to clients. In the decades since, he has periodically released memos reflecting his viewpoint on the investment landscape, as well as more general business insights. On this podcast we'll hear the latest memos by Howard, released in tandem…

79 episodes tracked

The Memo by Howard Marks

A Layman Thinks About AI

Shall We Repeal the Laws of Economics – Part III

What's Going on in Private Credit?

Reflections on Oaktree Conference 2026 with Howard Marks

AI Hurtles Ahead

Is It a Bubble?

Cockroaches in the Coal Mine

A Look Under the Hood

35 Years of Memos

The Calculus of Value

More on Repealing the Laws of Economics

30 Years of Oaktree

Nobody Knows (Yet Again)

Gimme Credit

Behind The Memo: On Bubble Watch

On Bubble Watch

Ruminating on Asset Allocation

Shall We Repeal The Laws of Economics?

Behind The Memo: The Impact of Debt with Howard Marks and Morgan Housel

Mr. Market Miscalculates

Behind the Memo: The Indispensability of Risk with Howard Marks, Bruce Karsh, and Maurice Ashley

The Folly of Certainty

The Insight: Conversations - Oaktree Conference 2024 Edition

Bonus Episode: Howard Marks on “In Good Company”

The Impact of Debt

The Insight: Conversations – Volatility Ahead? Featuring Howard Marks, Armen Panossian, and David Rosenberg

The Indispensability of Risk

The Archive: You Bet!

Behind the Memo: Easy Money with Howard Marks and Edward Chancellor

Easy Money

The Insight: Conversations – Walking into the Unknown with Howard Marks, David Rosenberg, and Aman Kumar

The Insight: Conversations – Special Episode with Annie Duke and Howard Marks

The Insight: Conversations – Full Return World with Howard Marks and Armen Panossian

Further Thoughts on "Sea Change"

The Insight: Conversations – Credit Picker’s Market with Wayne Dahl, Robert O’Leary, and Mark Jacobs

Behind the Memo: Fewer Losers, or More Winners?

Fewer Losers, or More Winners?

The Insight: Conversations – European Credit at a Turning Point

The Insight: Conversations – Fighting the Fed with Armen Panossian, Danielle Poli, and Megan Messina

Taking The Temperature

The Insight: Conversations – This Time Might Be Different with Howard Marks and David Rosenberg

The Insight: Conversations – Cutting Through the Economic Noise with Wayne Dahl

The Insight: Conversations – Performing Credit Quarterly 1Q2023

Lessons from Silicon Valley Bank

The Rewind: Calling The Market

The Rewind: Ditto

Behind the Memo: Sea Change

Sea Change

Behind the Memo: What Really Matters?

What Really Matters?

The Rewind: Global Financial Crisis

Behind the Memo: The Illusion of Knowledge

The Illusion of Knowledge

Behind the Memo: I Beg To Differ

I Beg To Differ

The Rewind: Something of Value

Behind the Memo: Bull Market Rhymes

Bull Market Rhymes

The Rewind: Lines in the Sand

Behind the Memo: The Pendulum in International Affairs

The Pendulum in International Affairs

The Rewind: It’s All a Big Mistake

Introducing "Behind The Memo": Selling Out

Selling Out

The Rewind: Uncertainty

The Winds of Change

The Rewind: What Does The Market Know?

The Rewind: On The Couch

The Rewind: Us and Them

Thinking About Macro

The Rewind: It Is What It Is

The Rewind: Dare to Be Great II

The Rewind: Dare to Be Great

2020 in Review

The Rewind: You Can’t Predict. You Can Prepare.

Something of Value

The Rewind: bubble.com

Introducing “The Rewind”: The Route To Performance

Coming Into Focus