Behind the Memo: Fewer Losers, or More Winners?

In the latest episode of Behind the Memo, Howard discusses his
recent memo: Fewer Losers, or More Winners?  He details the
inspiration for the memo and explains why investors – like tennis
players – need to consider their skill level, aspirations, and
risk tolerance when asking themselves a fundamental question:
Should I go for more winners, or try to avoid the losers?


You can listen to Fewer Losers, or More Winners? in the prior
episode or read it here
(https://www.oaktreecapital.com/insights/memo/fewer-losers-or-more-winners).