https://minutesof.com/howard-marks/on/investment-philosophy/ Everything Howard Marks has said on investment philosophy: 10 verbatim quotes between January 2019 and April 2026, each with a timestamp and a link to the… en Sun, 30 Aug 2026 16:22:27 +0000 https://minutesof.com/q/7a5c456a-5c5e-4839-875f-cd1fc7e7c69c/ https://minutesof.com/q/7a5c456a-5c5e-4839-875f-cd1fc7e7c69c/ “The the biggest I thought I've spent a lot of time thinking about the biggest mistake that investors make. It is the belief that something can go up more than something else forever.” — CNBC Television Mon, 20 Apr 2026 17:53:37 +0000 investment philosophy https://minutesof.com/q/92478979-59e2-425d-9a66-d45549d5b1f3/ https://minutesof.com/q/92478979-59e2-425d-9a66-d45549d5b1f3/ “Bob said, essentially, what we do is take advantage of the mistakes of others. And that caused me to write a memo shortly after entitled, it's all a big mistake.” — Oaktree Tue, 24 Mar 2026 14:08:16 +0000 investment philosophy https://minutesof.com/q/505a53d2-bd69-4f0c-8d4e-1642adfe5394/ https://minutesof.com/q/505a53d2-bd69-4f0c-8d4e-1642adfe5394/ “It requires cooperation for someone who's willing to sell something for less than it's worth. And who volunteers for that job? We want to buy from sellers who are making mistakes.” — Oaktree Tue, 24 Mar 2026 14:08:16 +0000 investment philosophy https://minutesof.com/q/8dc27259-e6f9-4a81-aa93-44d0b2d23ec1/ https://minutesof.com/q/8dc27259-e6f9-4a81-aa93-44d0b2d23ec1/ “it's not what you buy, it's what you pay. And good investing is not just a function of buying good things, but of buying things well.” — Pepperdine University Mon, 02 Mar 2026 19:34:48 +0000 investment philosophy https://minutesof.com/q/4979756b-0666-4cfe-b53e-646e0b633f1a/ https://minutesof.com/q/4979756b-0666-4cfe-b53e-646e0b633f1a/ “Exposing yourself to the risk of loss is integral in trying to have a good investment return. So, you know, even though our investment philosophy, stresses, risk control, we're not talking about risk avoidance.” — Brookfield Mon, 23 Feb 2026 18:35:50 +0000 investment philosophy https://minutesof.com/q/e48e4272-2357-48e7-bdcf-50b013ce1edc/ https://minutesof.com/q/e48e4272-2357-48e7-bdcf-50b013ce1edc/ “And it happens to say in there, simply put what the pension funds record tells me is that in equities, if you can avoid the losers and losing years, the winners will take care of themselves.” — The Investor’s Podcast Sat, 13 Dec 2025 22:45:06 +0000 investment philosophy https://minutesof.com/q/4477d528-5825-4fe1-a8ce-d7e7b169e57c/ https://minutesof.com/q/4477d528-5825-4fe1-a8ce-d7e7b169e57c/ “And when we started Oaktree in 1995, I wrote that down, and that became our motto and still is.” — The Investor’s Podcast Sat, 13 Dec 2025 22:45:06 +0000 investment philosophy https://minutesof.com/q/e752c284-194c-4f09-a750-3a358d5dd568/ https://minutesof.com/q/e752c284-194c-4f09-a750-3a358d5dd568/ “To me, the real accomplishment is making money with the risk under control. And that's what thinking about risk, I think, helps you do.” — David Perell Wed, 21 Feb 2024 13:20:30 +0000 investment philosophy https://minutesof.com/q/4fc59d63-45d3-471c-a521-83ca67ea5581/ https://minutesof.com/q/4fc59d63-45d3-471c-a521-83ca67ea5581/ “Or was it a really clever thing that nobody else had figured out where you were sure to double your money? And the answer is you can't tell.” — Goldman Sachs Thu, 30 Jun 2022 15:18:25 +0000 investment philosophy https://minutesof.com/q/0304bdfe-e91a-4009-bc31-5761b6510206/ https://minutesof.com/q/0304bdfe-e91a-4009-bc31-5761b6510206/ “And there's a really important lesson in that, that good investing is not a matter of buying good things, but buying things well.” — Milken Institute Mon, 14 Jan 2019 19:09:05 +0000 investment philosophy