Even if we have a sound set of investment beliefs and a robust investment process, we will only be successful if we are able to stick with them through times of profound market uncertainty and anxiety. This is far easier said than done, as recent weeks have shown.
In order to get a better understanding of what it takes to be a disciplined investor over the long-term, who better to talk to than Howard Marks – Co-Founder and Co-Chairman of Oaktree Capital Management. He is, for my (and Warren Buffett’s) money, one of the most thoughtful and experienced investors of his generation.
Hopefully, you have all read his ever-excellent investment memos and, in the the latest episode of Decision Nerds, you can listen to our conversation with him in the midst of recent market upheaval. We had a fascinating chat – not about tariffs, Trump or trade wars – but the inner game; what investors need to make good decisions in difficult environments.
You can listen to the episode on your favourite podcast platform, or here.