Billionaire Investor Howard Marks on Ownership vs. Debt

Howard Marks, co-chairman of Oaktree Capital Management, shares his extensive insights on investment. He explains the vital distinction between ownership and debt, especially in stocks and bonds. Marks delves into the changing landscape of high net worth investments, emphasizing the need for educating investors on alternatives. He discusses the historical decline in interest rates and warns of the anomaly it represents. Throughout, he highlights effective strategies for navigating today's high-interest environment, stressing informed decision-making.