Howard Marks explores the true meaning of risk in a new ten-part video series. He discusses the character of risk, the relationship between risk and return, misconceptions about risk, and much more. 

To watch the course in full or as ten individual lessons, please visit Oaktree’s Private Markets channel.

Learning Outcomes

1. How to think about and define risk
2. Why understanding probability does not produce certainty
3. Why the purchase price of an asset is an important component of risk and safety