Howard Marks & Andrew Marks: Something of Value

We sit down with legendary investor Howard Marks of Oaktree
Capital and his son Andrew who, while less-well-known, is also an
incredibly accomplished investor in a very different arena:
early-stage VC. The purpose of the conversation was to discuss
their joint work together on Howard’s all-time most popular memo,
“Something of Value”, which made the then-shocking argument that
Value and Growth investing are not diametric opposites but rather
two sides of the same investing coin. We of course dive deep into
that, and also cover plenty of fun Oaktree and investing history,
as well as Andrew’s favorite topic: selling (or not selling, as
the case may be). This is not one to miss!  


Links:


 The Original “Something of Value” Memo

 Howard and Andrew on Oaktree’s “The Memo” podcast



Sponsors:


WorkOS: https://bit.ly/workos25

Sierra: https://bit.ly/acquiredsierra

Sentry: https://bit.ly/acquiredsentry

Anthropic: https://bit.ly/acquiredclaude25






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‍Note: Acquired hosts and guests may hold assets discussed in
this episode. This podcast is not investment advice, and is
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