The Rewind: Dare to Be Great II
The Memo by Howard Marks
00:00
Investing in Distressed Debt
Most great investments begin in discomfort. Nonconformists don't enjoy the warmth t comes with being at the centre of the herd. The popular definition of prudent is often twisted into what everyone does. It's no coincidence that distressed debt has been the source of many successful investments for oak tree. There's no such thing as a distressed company. That everyone reveres.
Transcript
Play full episode
