The Rewind: You Can’t Predict. You Can Prepare.

Howard looks back on this memo, originally published on November
20, 2001. The title was inspired by a TV commercial tagline from
that time: “It's almost a Yogi Berra type statement that makes no
apparent sense on first reading, but then it turns out to be
quite wise.”


You can read the memo here
(https://www.oaktreecapital.com/docs/default-source/memos/2001-11-20-you-cant-predict-you-can-prepare.pdf?sfvrsn=bc00f65_2).


The memo is read by LJ Ganser.