On today’s show I’ll give you a historical perspective on higher interest rates. I’ll go through the Mailbag and discuss Novo Nordisk (Ozempic), Lockheed Martin (defense) and Hormel. I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.

Much Needed Levity:

Nate Bargatze - Golfing with my Wife

https://www.oaktreecapital.com/insights/memo/further-thoughts-on-sea-change

If you want to write into the show with any questions or comments email me at [email protected]. Even better leave me a voice recording and we can play your question on the show.

Show Reference Links:

Howard Marks Memo:

https://www.oaktreecapital.com/insights/memo/further-thoughts-on-sea-change

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