Is It a Bubble?

The Memo by Howard Marks by Oaktree Capital Management

Dec 9, 202501:06:57Business

In his latest memo, Howard Marks addresses the much-asked question, “Is there a bubble in AI?” He identifies the uncertainty associated with AI investments and the conspicuous parallels to previous bubbles, while also ac...

Related Episodes

Continue listening to more episodes from The Memo by Howard Marks.

Shall We Repeal the Laws of Economics – Part III

Sep 22, 2026 - 00:27:16

In his latest memo, Howard Marks discusses recent attempts to rein in long-dated government bond yields....

What's Going on in Private Credit?

Apr 9, 2026 - 00:38:50

In his latest memo, Howard Marks discusses the evolution of the sub-investment grade credit market from i...

Reflections on Oaktree Conference 2026 with Howard Marks

Mar 24, 2026 - 00:32:55

In this special episode of The Insight: Conversations , Howard Marks shares his reflections on themes fro...

AI Hurtles Ahead

Feb 26, 2026 - 00:46:22

In his latest memo – occasioned by massive changes he cites in just the 11 weeks since the last one – How...

Cockroaches in the Coal Mine

Nov 6, 2025 - 00:24:29

In his latest memo, Howard Marks examines the recent string of well-publicized credit problems. He consid...

A Look Under the Hood

Oct 28, 2025 - 00:28:47

In his latest memo, Howard Marks offers observations based on his meeting with the board, consultant, and...

35 Years of Memos

Oct 14, 2025 - 00:30:47

To celebrate the 35th anniversary of his memos, Howard Marks recently held a fireside chat for Oaktree em...

The Calculus of Value

Aug 14, 2025 - 00:41:40

In his latest memo, Howard Marks sets forth the essence of value and price, as well as the critical relat...