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"When I see memos from Howard Marks in my mail, they're the first thing I open and read. I always learn something." Warren Buffett In a conversation with INSEAD students at the Investment Management Club, the legendary Investor Howard Marks answers the student's questions regarding his investment philosophy, the market, and more. Mr. Marks is the founder and co-chair of Oaktree Capital Management, one of the largest distressed debt investors worldwide, with $172 Billion in assets under management. He is the author of two books: The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor published in 2013, and his most recent book, Mastering the Market Cycle: Getting the Odds on Your Side. Marks is also known for writing investor memos that are eagerly anticipated across the financial world.