Oaktree Co-Chairman Howard Marks joins the podcast to discuss his investment philosophy, risk management, and decision-making quality. They explore key investing principles, market dynamics, sound risk management, and lessons from card games for investing. Marks emphasizes patience, wisdom, and understanding market cycles in decision-making, highlighting the importance of risk control for achieving investment goals.

Nicolai Tangen, CEO of Norges Bank Investment Management, discusses his journey from art student to leading a prominent investment fund and the role of historical context in risk appetite. He also explores the implications of AI on future investment strategies and the value of contrarian thinking in a changing market.

Nicolai Tangen, CEO of the largest sovereign wealth fund in the world, discusses his investment path, serving as a universal owner of assets, and goals as leader of the organization. They cover the fund's history, asset allocation, and challenges of investing in emerging markets. Tangen also shares his hobbies, art collection, and reflections on his professional life.

The podcast discusses managing the largest sovereign wealth fund, concerns about US tech firm concentration, impact of AI on society, reasons for not holding Bitcoin, investability of China, Europe's lag behind the US, and approaches to investing in climate change.

In this engaging conversation, Magnus Carlsen, the world's greatest chess player, teams up with Nicolai Tangen, an expert in strategic investing. They dive into the fascinating parallels between chess and business, especially in decision-making and risk assessment. Magnus shares insights on coping with self-doubt and the importance of optimism. The duo also explores the impact of AI on chess, the balance between intuition and analysis, and the significance of physical health for mental sharpness. Unlocking the secrets of strategic thinking has never been more exciting!