#81 - WHEN TO SELL A STOCK? Lessons From Howard Marks' Latest Memo

<p>[podcast_subscribe id="111"]</p> <p><br></p> <p><strong>Timestamps:</strong></p> <p>Intro: 00:00</p> <p>Lesson 1: 00:55</p> <p>Lesson 2: 03:02</p> <p>Lesson 3: 04:29</p> <p>Lesson 4: 05:57</p> <p>Lesson 5: 09:26</p> <p>Summary: 11:00</p> <p><br></p> <p><strong>Description:</strong></p> <p>Atit and I have learned from Howard Marks. He is the co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide. In 2020, with a net worth of $2.1 billion.</p> <p>Buffett famously has said, “When I see memos from Howard Marks in my mail, they're the first thing I open and read. I always learn something.” So today, we are discussing Howard Mark’s latest memo where he talks about when to sell an investment.</p> <p>Howard Marks memo: <a href="https://www.oaktreecapital.com/insights/memo/selling-out"><u>https://www.oaktreecapital.com/insights/memo/selling-out</u></a></p> <p>Inspiration for the episode: <a href="https://twitter.com/josephcwells/status/1482749182674976771"><u>https://twitter.com/josephcwells/status/1482749182674976771</u></a></p> <p><br></p> <p><strong>Useful links:</strong></p> <p>All Streaming Platforms for Cold Brew Money Podcast: <a href="https://coldbrew.money/links/"><u>https://coldbrew.money/links/</u></a></p> <p>About Cold Brew Money: <a href="https://coldbrew.money/about/"><u>https://coldbrew.money/about/</u></a></p> <p>All Cold Brew Money Episodes: <a href="https://coldbrew.money/episodes/"><u>https://coldbrew.money/episodes/</u></a></p> <p>Cold Brew Money Tools: <a href="https://coldbrew.money/tools/"><u>https://coldbrew.money/tools/</u></a></p> <p>Buy Us A Coffee: <a href="https://www.buymeacoffee.com/coldbrewmoney"><u>https://www.buymeacoffee.com/coldbrewmoney</u></a></p> <p><strong>Hosts:</strong></p> <p>Atit Kothari: <a href="https://kothariatit.com/"><u>https://kothariatit.com/</u></a></p> <p>Tapan Desai: <a href="https://tapandesai.com/"><u>https://tapandesai.com/</u></a></p> <p>Atit’s Newsletter: <a href="https://atitkothari.substack.com/"><u>