Exclusive Insights from Howard Marks, Co-Founder and Co-Chairman of Oaktree Capital Management
25 Sep 2025
You Can’t Predict, But You Can Prepare – A Framework for Positioning Portfolios
In this special episode of Inside the Rope, Koda Capital’s David Clark sits down with legendary investor Howard Marks.
From pioneering distressed debt to co-founding Oaktree Capital Management (now managing over US$200 billion in assets), Howard shares powerful lessons on market cycles, investor psychology, and how to build resilience in uncertain times.
Success in investing doesn’t come from predicting the future, but from preparing for it.
Howard Marks
He also discusses his concept of “Invescon”, a practical framework for portfolio positioning across market cycles, along with candid views on inflation, interest rates, gold, Bitcoin, and more.
We’re pleased to share insights that go beyond headlines and support informed decision-making in uncertain times.
Through our global networks and truly independent model, we’re able to bring clients closer to the ideas and insights shaping the world of investing.
Listen on your preferred platform:
Spotify | Apple Podcasts | SoundCloud
