Behind The Memo: The Impact of Debt with Howard Marks and Morgan Housel

In this special episode of Behind the Memo, Howard Marks is
joined by Morgan Housel, the bestselling author and partner at
the Collaborative Fund. They discuss ideas from Howard’s recent
memo “The Impact of Debt,” which was inspired by Morgan’s article
“How I Think About Debt.” They explore the relationship between
leverage and longevity, the nature of risk, and the eternal
relevance of Voltaire’s famous saying: “History doesn’t repeat
itself. Man always does.”


You can listen to or read the Memo here
(https://www.oaktreecapital.com/insights/memo-podcast/the-impact-of-debt).