The Rewind: On The Couch

Howard reflects on this memo originally published on January 14,
2016. In the first of a two-part series, he analyzes
investors’ irrationality and discusses why things that are
obvious in investing are usually wrong.


You can read the
memo here (https://www.oaktreecapital.com/docs/default-source/memos/on-the-couch.pdf).


The memo is read by LJ Ganser.