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Aug 26, 2021 43 min

The Rewind: Us and Them

from The Memo by Howard Marks

Howard reflects on this memo originally published on May 7, 2004. In a discussion that namechecks both psychologist Amos Tversky and tennis great Pete Sampras, Howard explains why too much confidence can be a dangerous thing. You can read the memo here (https://www.oaktreecapital.com/docs/default-source/memos/2004-05-07-us-and-them.pdf). The memo is read by LJ Ganser.

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The Rewind: Us and Them

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This episode was published on August 26, 2021.

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