Oaktree's Howard Mark on Bloomberg Wealth with David Rubenstein

Oaktree Capital Management co-Chairman and co-Founder Howard Marks talks how he expects interest rates to stay relatively high for the foreseeable future, why he wants the Federal Reserve get to a more neutral position and the true value of credit instruments. This episode of "Bloomberg Wealth with David Rubenstein" was recorded September 5th in New York.

[claudioramirez]

What a brilliant in depth interview. The financial world needs more Howard Marks!

[markjames]

Hey everyone! Since i started following David Rubenstein's YouTube channel, I've been a member of this amazing

society of investors for a while now, and I can't articulate how much it has transformed

my life. We're not just here to earn money; we're here to uphold one another, grow

collectively, and rejoice in every stride toward our financial aspirations.

[MarthaMadison-]

The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.

[ambition]

0:00: 📉 Investors are facing a significant shift in financial markets, according to Howard Marks.
4:13: 💼 The speaker discusses the impact of declining interest rates over the past 40 years and the expectation of living in a higher interest rate environment in the future.
6:56: 📉 The speaker discusses the inappropriate nature of low interest rates and the need for the FED to reach a neutral position.
14:41: 📉 Distressed debt market has not experienced a significant bull market despite rising interest rates.
10:34: 💰 Investment expert discusses the benefits of Treasury bills and the potential shift in investment preferences towards fixed income instruments.
17:42: 📉 Using default as a negotiating tool is dangerous and jeopardizes the US economy's reserve currency status.
21:41: 🔮 People believe in the ability to predict the future, but it is important to recognize that no one truly knows what the future holds and that market reactions play a significant role in determining security prices.
Recap by Tammy AI

[imzan]

This is the ultimate culmination of greatness. The best interviewer meets the best interviewee.

[tylerwellman]

When Howard Marks speaks, I listen. Thank you for the interview Rubinstein!

[arigutman]

A great interview, thank you for conducting them, David! These interviews have inspired me to interview others as well... Such a beautiful way to learn!

[modesto]

Howard Marks is a financial genius!! Thanks for the upload!!

[KatherineAnderson-lmbw]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[glennnielsen]

David Rubenstein, I appreciate your interview style and the humorous tone you manage to strike at times.

[mehrdadmithra]

Mark is facinating to listen to. always a pleasure.👋

[edgibbs]

I love Howard Marks! Such an incredibly well-reasoned person.

[manualdepensamientointelig]

This is probably the highest quality content in the world right now... Thank you very much David!

[JamrockVybzTV]

I'm a huge fan of Howard Marks, Thanks for sharing.

[christophenour]

Always a pleasure to hear Howard Marks. Great interview!

[PatrickLloyd-]

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

[graywilliams_.]

Its quiet interesting how we reject the reality of our situation and expect to be able to observe it, control it and even change it. I used to be financially depressed until I read a book that made me realized that the secret to making a million is making better investments.

[chadbailey]

So excited for the release of this interview. Thank you. I love Howard Marks!

[mk]

Thank you for this one. I’m a big fan of Howard’s work.

[diane.moore-]

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stock portfolio