Howard Marks · Nikhil Kamath · 4 May 2026

“I would imagine, tend to make somebody say, I've always done it this way, it's worked in the past, I'm an enormous success, you know, I'm worth this much money, so why should I change my approach? But you have to keep changing.”

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Verbatim excerpt with a timestamp. The full recording is at the source; we link out and do not host it. Everything Howard Marks is on record saying.