31 min listen
The Rewind: Lines in the Sand
ratings:
Length:
45 minutes
Released:
Apr 28, 2022
Format:
Podcast episode
Description
Howard reflects on this memo (https://www.oaktreecapital.com/docs/default-source/memos/lines-in-the-sand.pdf) originally published on April 18, 2017. Following up on his classic memo You Can’t Eat IRR (https://www.oaktreecapital.com/docs/default-source/memos/2006-07-12-you-cant-eat-irr.pdf), he discusses why financial innovations that can artificially boost IRRs, like subscription lines, should be treated cautiously and why no single performance metric tells the whole story. The memo is read by LJ Ganser.
Released:
Apr 28, 2022
Format:
Podcast episode
Titles in the series (55)
2020 in Review by The Memo by Howard Marks