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Howard Marks @ London School of Economics


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This is a bit old but I just got around to it...I really enjoy listening to Mr. Marks speak. He is funny!


Even better, the central theme of the talk was about ethics. He was the right man to give the speech.


One of the quotes I remember:


"Think for a minute...in American corporations, how many AAA's are there? There are four...not very many: JNJ, MS, XOM, ADP...how many AAA's were created in mortgage-backed securities in the years leading up to the crisis? Not 4 not 40...over 1600!"


Although I wasn't a huge fan of his book (despite agreeing with the majority of the content) I plan on re-reading it.

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