Bruce Karsh

Bruce Karsh, Co-Chairman and Chief Investment Officer at Oaktree Capital Management, shares insights from his three-decade journey co-founding the firm alongside Howard Marks and Sheldon Stone. They recount the heartwarming origins of Oaktree, including the humorous dinner conversation that sparked its creation. The trio reflects on foundational values, the significance of relationships in investment, and their first year's surprising financial success. They also celebrate the comforting stability of Oaktree while expressing gratitude for their colleagues as they approach the firm's 30th anniversary.

Oaktree cofounder Bruce Karsh and chess Grandmaster Maurice Ashley join Howard Marks in a discussion about risk and decision-making, drawing parallels between chess and investing. They explore the importance of taking risks, making sacrifices, embracing uncertainty, and learning from failures on the journey to success.