The Rewind: Us and Them

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.