The Most Important Thing - Origins and Inspirations | Howard Marks | Talks at Google

Warren Buffett said "When I see memos from Howard Marks in my mail, they're the first thing I open and read." Howard is the Co-Chairman of Oaktree Capital Management. He is known in the investment community for his "Oaktree memos" to clients which detail investment strategies and insight into the economy. He treats investing as equal parts psychology and finance, and his book The Most Important Thing provides "uncommon sense for the thoughtful investor."

[heliowinter]

Thank you Google, for doing this for free and avaliable to everyone. AWESOME, Howard Marks is great!

[Brave Ones]

kzbin.info/www/bejne/raHPhJuVZ5Vqe9U IPO

[jayson toh]

heliowinter Tc CCO ccc

[Gavin Lawson]

Excellent lecture, Howard Marks is almost as good a teacher as he is an investor.

[wyh]

All great investors are great thinkers And Teachers

[ian otto]

Probably why he made his money investing and not as a professor. I want to read his books and the ones he's mentioned as well.

[Chia Wildy]

Warren Buffett said "When I see memos from Howard Marks in my mail, they're the first thing I open and read." This is exactly how I feel today. My best few hours spent in my lifetime.

[Helen Kok]

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[Christian Loewe]

Oooo

[A]

That means you better read them first too

[Chia Wildy]

I rewatch this every few nights. The underlying messages carry so much weight and meaning. Wish i had watched this earlier than to hear out random.... mr-know-all. Investing never easy and was.... never easy to start with

[Devrhoid Davis]

Definitely getting that book. I mean really look at the points. I have always heard about Howard but I am just now getting to his Investment Philosophy. I've been going through Joel Greenblatt, Peter Lynch, Guy Spier and Mohnish's stuff. Thank you Investor Archive.

[Adavayya Aradrimath]

Thanks to Google for these talks. Howard Marks' memos have many life lessons and teach more than just investing. His book "The Most Important Thing" is a must read for everyone.

[Peter Yoon]

I've been watching all the videos on this playlist. Is anyone else wondering why these videos do not have millions and millions of views? I mean honestly, there is so much money to be made by these insightful security analyses that all branch off Buffet, Graham, and Dodd's investment philosophies. It's like the world is backwards, because we have these useless music videos that promote hyper consumption garnering millions of views daily, and then whenever gems like these videos are out for the the whole entire public to use, not even 100,000? Same thing goes with the Yale Courses, the MIT OPENCOURSWEARE, the Stanford Graduate School Business videos. I guess value investing applies to personal development as well!

[Earn Cryptoz]

Thank you for mentioning ❤️

[Prathamesh Mone]

I love this playlist. I am sad that Saurabh has moved away from Google and became an Investor. But they stopped adding more videos.

[El Capitan]

because one doesn't bite the hand that feeds. a large part of passive investment returns comes from the vacuuming of consumer pockets with all kinds of ultimately meaningless stuff. profiting from capital investment only works when a relative few are doing it. the majority must invest their personal skills in more economically productive activities (otherwise your money would be worthless).

[Thefunksoulbro]

Many people won't even spend 15 mins watching video's. I'm 60 and I am atill searching and learning. Only 4/5% of people have goals. It's not a coincidence 🙄 Have a great day 😎

[Business Intel Podcast]

Phenomenal investor. He knows how evaluate a business and he looks for when the crowd is running from businesses so he can buy businesses.

[Ramnath Prabhu]

What a clarity of thought. Look at the way he explains complex subject with so much ease. Thanks for uploading this video

[Ross Olinger]

that's how you know he knows what he's talking about

[Nobert Stanel]

Listened to his speech in India over 20 times again and again, and il keep doing it with this one as well, because these are the fundamental truths of investing, incredibly valuable - Thank You.

[Kham Piseth]

This video deserves more views. Great content from the man who has a vast experience.

[vijaysanjyot]

One of the most important investor lessons I learned today.

[Chris Vis]

So good - can’t wait to dig into the audiobook

[Tobefree Andfly]

What a great lesson...Howard Marks is awesome!

[LarryJ2012]

What a great teacher.

[Andy]

Excellent introduction, it really sets my expectations for this talk.

[Tue Pham]

Wow, I didn't expected this much of insights and wisdoms from Howard Marks. Thank Google for arranging this incredible talk !

[Bruce Martin]

Read the book around Christmas time and really enjoyed it. I wish he did more public speaking, there are only a handful of lectures on KZbin.

[Virat Rana]

What a privilege to get to hear these lectures..

[Omar Ghattas]

Que aula desse investidor , Thanks Google

[VITO LAZLO]

These ideas and teachings by Mr. marks, can also be applied to life in general. Our process for decision making. Some, of the hardest investment decisions that I have made, made me the most money.

[Jijun Zha]

Insightful and eye-opening talk.

[Horward Fin]

great investor with great philosophy.

[Antony Carles]

full of gems and insights

[ejelly]

Most unpretentious yet intense and punchy like hack though softly delivered. I have to pause every now and then to stomach and take it in, feeling stricken to the core. I think he'd also make a great obi wan kenobi in Star Wars, if given a hoodie! I can listen to him all day.

[Prem Kumar]

Very good learnings for budding investors.

[MODESTO]

This talk was one of the best i've heard in a while. Is there a way i can upvote this video 3times per one click?

[Stocks]

Be careful with that leverage son 🦧

[choi]

40:00 I want to be above the middle on a consistent basis over the long term. We want to be a little bit above the middle all the time. We think that over a long period of time we will be very respectable that way. Thank you for great videos!

[Mario Lewis]

The entire video is good but the Q&A was very insightful.

[N. D]

brilliant talk, thank you

[Saurabh prakash Mishra]

Amazing talk!!!

[Adrian Cline-Bailey]

Honestly, I got gems about life as well as pragmatic investing. Ha. Great guy!

[Driving With Ian]

Can always learn

[jasonjstdr]

Lecture clearer than his book

[Arun Ramakrishnan]

Wow what a talk. Thanks for arranging this Google :)

[Shraddhanjali Soni]

howard marks is genius

[Ross Olinger]

This is absolutly golden

[Tech Chase]

Excellent philosophy

[Rakesh Rout]

Great lessons

[woodstock envy]

Superb .. thank you for sharing this ..

[IH331]

I need to get his book.

[Mint Mastering]

"In the end buyers took out the biggest mortgage possible given there incomes and prevailing interest rates, such mortgages would land then in the houses of there dreams and will leave them there as long as conditions did not deteriorate which they invariably do"

[Will Adote III]

Powerful words.

[dad cannabis]

the most important thing is change and staying the same

[Sujal Koirala]

There is sth called the uncertainity principle in physics too. You can't measure the position and momentum at the same time with very high accuracy.

[Ankur Bamne]

Great talk

[vipin gupta]

Genius, absolutely Genius

[Mxolisi Jay Dlamini]

Growth Showing grace. Love these . Danko!

[TazooM]

The man is great

[Frank Mathews]

He is really good at explaining finance. #kiss

[Chia Wildy]

This is still the most important thing.

[Fox]

Aren't forecasts in economics hard because everyone's forecasts are already priced in?

[Matthew Kulis]

great tennis analogy, hitting winners vs consistently avoiding losers

[william jenkins]

The secret to success is to get it right ounce and allow compound interest to be reinvested over time.

[Nina Bergitte Øvrehus]

30:00 and the minutes that follow. Take notes.

[Ram Narayan]

Clarity of thoughts

[Lennart]

48:26 this aged sooo well with oil futures for US at -20 Dollars in march haha

[Jesse]

its amazing this guy still has a career

[--]

Jesse if you dont like him su

[Driving With Ian]

- You make no money doing the things everybody wants to do / you make money by doing the things nobody wants to do that then turn out to have value.

[Dom toretto]

The most important thing is family

[norman tingee]

thank you google and thank you howard mark

[Cliff Kuo]

somehow I played this video every night

[蔡明隆]

厲害！

[Deepak Sharma]

Thanks 🙏💯💎

[Petar Dambovaliev]

This guy talks like people in finance somehow have superior intelligence. He is talking to a bunch of programmers, and programmers are a smart bunch. Buffett is not smarter than any of them. What he has is a particular talent for the domain of investing. Ask him to write some code for the linux kernel, if you think otherwise.

[Petar Dambovaliev]

@Richbeatz the job of the programmer is to define what is the problem and solve it in an abstract way. This skill can be applied to many domains. We can see how things would function better if restructured in a certain way and so on.

[Richbeatz]

TThey have superior intelligence about finance and the google guys have superior intelligence about coding.

[Thales Ueti]

Really good

[oshmunnies]

This is obviously Hank Azaria living a double life as billionaire investor and orator "Howard Marks"

[Manish Chandak]

10:42 Decisions Under Uncertainty: Drilling Decisions by Oil and Gas Operators Book by C. Jackson Grayson

[Haipeng Li]

You gotta survive on bad days.

[Docworld Academy]

Very Practicle Way to making money on Investment.

[Guillermo Crespo]

Great

[Get started]

52:52 good question.

[JB Smoov]

Google is probably very uncomfortable when a guy says ‘I don’t know’.

[H. Choudhary]

9:18 Both sentences mean exactly the same.

[The Clash Calling]

I was hoping for the Welsh hash smuggler!

[Gertrudes Madrigal]

Salamat Po alam ko Po na Wala akong karapatan dahil mahirap lang ako salamat Po

[Gaulin Didier]

Somebody has to find out why people have a propensity to cough more during conferences, shows and gathering involving sitting down...

[Fox]

I think it has to do with not speaking themselves for a long time

[César Orille Museums & Gyms]

Thanks Google.

[JCResDocStudt94 l Verified l ᱬ l]

16:16 You Can Not Survive On Average

[Gertrudes Madrigal]

Bakit mahirap Ng hindenakapag aral nahkakamali Ikaw Ang inilik ko iba Ang lomabas kala ko Ikaw yon salamat Hinde nakitamakikita Ikaw yong tinitinan ko pag Gabi big la Kang nawala salamat kahit ayaw Mona sa akin nakitakitsoli salamat

[Jose rey Dabalos]

keyfile:1001235857-format=xlsx-output=xlsx.Api_key=3265267457.

[Gertrudes Madrigal]

Gosto ko pong makatolong Hinde Po ako Ang nang hak sainyo hinahanap ko Po kayo salamat Po god bless you po

[eyemall ears]

Lesson 1: - Censor conservatives on KZbin Lesson 2: - deny it.

[Ankala Akhilesh]

how is the one who conducted the interview? anyone knows his name pls????

[that guy]

Saurabh Madaan

[TheOldSnake]

Fool by Randomness by Nasim Nicholas Taleb. Either Most important badly written book, worse written most important book. Agreed. It's a badly written book. ;)

[Gertrudes Madrigal]

Gosto Kong Pato Nayan sa lahat totoo Ang aking senabi salamat Po Kong mabibih yon ako Ng pag kakataon totolong talaga ako sa nangang ilangam Hinde Pera panalangin sa pag hawak ko sa may sakit gosto Kong makatolong salamat Po totolong Hinde ako Ang nag hak sa iyo god bless yo po

[bill tomson]

So is he teaching or selling?

[Waldo Alcantara]

So he believes in an efficient market?

[Ted]

What date was this presentation given? Thanks.

[lee ong sen]

Ted e i think the presentation was given before Dec 18, 2014 this is because based on the latest howard memo :"The Lessons of oil" www.oaktreecapital.com/memotree/The%20Lessons%20of%20Oil.pdf he mention: For the last 3½ years, Oaktree's mantra has been "move forward, but with caution". For the first time in that span, with the arrival of some disarray and heightened risk aversion, events tell us it's appropriate to drop some of our caution and substitute a degree of aggressiveness

[Thomas Burnstead]

The title slide says March 27, 2015

[Néo Bourgeois Christum]

For investors that pick their nose

[Jose rey Dabalos]

if you study not being to learning becoz study is none of your duty..like you one me..becoz alot of learning is a big problem all are needs becoz you work for everything..but all are desame what are being is you one me_1+1+1=all- one.but the true is 3/tree is many year in one day all harvest in same 1.is all.

[Jacob Lindberg]

45:50 Q&A

[Jose rey Dabalos]

in every light dat are night.in the middle of the night they are many star to eye many one.tomorow is tomorow...

[Jose rey Dabalos]

if collect stock market all company are shotdown.if bankcrupt all are support economics for build strong not for only my profit are protect help on gov....

[Barovier Kevin Allybose]

"In many countries they just don't get it" sounds condescending. Not because you are in a developed country, it means that you are more aware than everyone else.

[manish kumar]

45:30

[odw99]

I was expecting a talk about smuggling drugs…