Click here to download your FREE list of 4 SIMPLE STEPS to TAKE CONTROL OF YOUR PERSONAL FINANCES AND LIFE: https://www.theinvestorspodcast.com/subscribe-youtube/ We have an extremely special guest who is a billionaire and investing legend, Howard Marks. Howard really needs no introduction, but if you have not read Howard's memos, you are missing a critical piece of your investing education. Howard has also written some of Trey's favorite books including The Most Important Thing and Mastering the Market Cycles, which they discuss in depth in this episode and much more. IN THIS EPISODE, YOU'LL LEARN: 00:00:00 - Intro 00:00:14 - Has The Marco Landscape Became Distinct And Unique 00:03:48 - Is This Time Truly Different When It Comes To Market Cycles 00:09:12 - How To Balance Risk Without The Temptation To Time The Market 00:12:06 - Missing The Decline 00:13:12 - Is Howard Marks Seeing Similar Bubble Territory of 2006 In The Recent Market 00:19:51 - Oaktree Motto: Move Forward But With Caution 00:20:52 - 3 Ways To Increase Caution In Investing 00:25:39 - Becoming A More Defensive Investor As You Age And Thoughts About Bonds Today 00:28:55 - Howard Marks Thoughts About Bitcoin Today 00:33:40 - Cost Of Capital 00:45:31 - Howard Marks Evergreen Wisdom About Price And Value 00:52:20 - Does Howard Marks See The Market Weighted S&P500 As A Potential Risk To Retail Investors 00:57:37 - How Does The FED’s Recent Involvement On Corporate Debt Affect Oaktree’s Investment Playbook 01:01:13- Howard Marks Portfolio He Would Leave His Grandchildren ✔️ Subscribe to Bitcoin Fundamentals/We Study Billionaires podcast show: https://open.spotify.com/episode/1AFLJdTw9p5q2gP3Dy6U14 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/episodes/move-forward-wit…n-w-howard-marks/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK: ₿ If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ 📚Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU 🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn 💸Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW US ON SOCIAL MEDIA📱: 💻 Facebook: https://www.facebook.com/groups/theinvestorspodcast 👔 Linkedin: https://www.linkedin.com/company/the-investor's-podcast 🐦Twitter: https://twitter.com/tip_network?lang=en ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/ Have a question? Get your voice heard on the show: https://www.theinvestorspodcast.com/your-questions/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.