logo
episode-header-image
Feb 2024
36m 54s

Behind the Memo: Easy Money with Howard ...

OAKTREE CAPITAL MANAGEMENT
About this episode

In this special episode of Behind the Memo, Howard Marks is joined by journalist and financial historian Edward Chancellor to discuss ideas from Howard’s recent memo, Easy Money, which was inspired by Edward’s book, The Price of Time: The Real Story of Interest. They explore the history of interest rates, the profound impact they’ve had on financial markets, and the potential dangers of keeping them too low.

You can listen to "Easy Money" in the prior episode in this feed.

Up next
Jun 18
More on Repealing the Laws of Economics
In his latest memo, Howard Marks discusses the implications of governmental intervention in economies. Considering examples such as rent control, fire insurance, and tariffs, he emphasizes that while free markets don’t produce perfect solutions, efforts to control them often make ... Show More
39m 39s
May 6
30 Years of Oaktree
In celebration of Oaktree’s 30th anniversary on April 10, 2025, cofounders Howard Marks (Co-Chairman), Bruce Karsh (Co-Chairman and Chief Investment Officer), and Sheldon Stone (Principal and Co-Portfolio Manager, High Yield Bonds) held a fireside chat for employees where they sh ... Show More
22m 3s
Apr 9
Nobody Knows (Yet Again)
In his latest memo, Howard discusses how the recent events surrounding tariffs can have a seismic but unpredictable impact on the global economy. Seismic in that they reflect a fundamental undoing of longstanding norms, and unpredictable in that tariffs would bring untold second- ... Show More
35m 16s
Recommended Episodes
Apr 2023
The Interesting Thing About Interest with Edward Chancellor
Edward Chancellor joins the podcast to discuss his book "The Price of Time: The Real Story of Interest." 
41m 56s
Nov 2023
Conversations: Full Return World with Howard Marks and Armen Panossian
Howard Marks (Co-Chairman) and Armen Panossian (Head of Performing Credit) discuss topics related to Howard’s latest memo, Further Thoughts on Sea Change, and Oaktree’s recently published Performing Credit Quarterly 3Q2023 in this crossover episode of The Insight: Conversations a ... Show More
31m 2s
Jan 2020
20VC: Oaktree Capital’s Howard Marks on The Most Important Skill An Investor Can Have, The Right Way To Think About Price Sensitivity & Where Are We At Today; Take More Risk or Less?
Howard Marks is co-chairman and co-founder of Oaktree Capital Management, a leading investment firm with more than $120 billion in assets. Prior to founding Oaktree, Howard spent 10 years at The TCW Group, where he was responsible for investments in distressed debt, high yield bo ... Show More
32m 15s
Sep 2018
#338: Howard Marks — How to Invest with Clear Thinking
Howard Marks (@howardmarksbook) is co-chairman and co-founder of Oaktree Capital Management, a leading investment firm with more than $120 billion in assets. He is the author of the new book Mastering the Market Cycle: Getting the Odds on Your Side, and his previous book on inves ... Show More
1h 58m
Mar 2024
At the Money: Benefits of Quantitative Investing
Throughout history, investing has been a lot more “Art” than “Science.” But today, data is widely available and it’s a key tool you can use to enhance your portfolio returns. In this episode, Barry Ritholtz speaks to Jim O'Shaughnessy, former chairman and founder of O'Shaughnessy ... Show More
16m 1s
Jun 2023
Money Box Live: Investing
The Financial Conduct Authority is concerned that young people in particular are turning to bloggers and influencers for investing advice - without fully understanding the risks. Scammers are also using social media platforms like Instagram, Facebook, YouTube and TikTok to target ... Show More
30m 26s
May 2020
#431: Howard Marks on the US Dollar, Three Ways to Add Defense, and Good Questions
Howard Marks on the US Dollar, Three Ways to Add Defense, and Good Questions | Brought to you by LinkedIn Jobs and "5-Bullet Friday." More on both below. "Move forward but with caution." — Howard MarksHoward Marks (@HowardMarksBook) is co-chairman and co-founder of Oaktree Capita ... Show More
1h 5m
Mar 2020
20VC: Howard Marks on How COVID-19 Impacts Our Economy, Liquidity and National Debt, Why The Theory of Falling Knives and Market Bottoms is Wrong & Why The Best Investors Are Fundamentally Unemotional
Howard Marks is the Co-Founder and Co-Chairman of Oaktree Capital Management, a leading investment firm with more than $120 billion in assets. Prior to founding Oaktree, Howard spent 10 years at The TCW Group, where he was responsible for investments in distressed debt, high yiel ... Show More
25m 47s
Mar 2021
William J. Bernstein on Crowd Behavior (Podcast)
Bloomberg Opinion columnist Barry Ritholtz speaks with the financial theorist and retired neurologist William J. Bernstein, who co-founded the investment management firm Efficient Frontier Advisors and has written several books on finance and economic history. His titles include ... Show More
1h 6m