Updated version - Speaker: Howard Marks, Chairman, Oaktree Capital Management Interviewer: Michael Milken, Chairman, Milken Institute When an investor tells you, “This time is different,“ says Howard Marks, take caution. “These four words should strike fear - and perhaps suggest an opportunity for profit - for anyone who understands the past and knows it repeats.“ Indeed, Marks warns that failing to heed the lessons of history “is what dooms investors to being v
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