Business

The Calculus of Value

The Memo by Howard Marks by Oaktree Capital Management

Aug 14, 202500:41:40Business

In his latest memo, Howard Marks sets forth the essence of value and price, as well as the critical relationship between the two. He posits that value exerts a ‘‘magnetic’’ influence on price, meaning the relationship of...

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The Calculus of Value is an episode from The Memo by Howard Marks by Oaktree Capital Management. In his latest memo, Howard Marks sets forth the essence of value and price, as well as the critical relationship between the two. He posits tha...

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Published Aug 14, 2025, 00:41:40 long, audio available.

The Calculus of Value

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