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    <title>The Minutes of Howard Marks on distressed debt</title>
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    <description>Everything Howard Marks has said on distressed debt: 1 verbatim quote between December 2025 and April 2026, each with a timestamp and a link to the…</description>
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      <title>Marks bought senior debt at prices profitable even if companies worth one-fifth of buyout valuations.</title>
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      <description>“we were buying the senior most debt of these companies at prices such that if these companies ended up being worth a third or a quarter or a fifth of what these great buyout firms had bought them for a year or two ago, we would be okay.” — Wharton School</description>
      <pubDate>Tue, 21 Apr 2026 16:17:40 +0000</pubDate>
      <category>distressed debt</category>
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