• The Impact of Debt

  • May 8 2024
  • Length: 16 mins
  • Podcast

The Impact of Debt

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  • Summary

  • In his latest memo, Howard Marks examines the relationship between leverage and survivability, taking inspiration from a recent Collaborative Fund post by Morgan Housel. Howard explains why determining the appropriate amount of leverage should be about optimization, not maximization.

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