Aug. 22, 2025

79 Years of Investing Wisdom in 55 Minutes

79 Years of Investing Wisdom in 55 Minutes

Want our 9 investment principles playbook? Get it here: https://clickhubspot.com/kcm


Episode 738: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Howard Marks about principles of value investing.

Show Notes:

(0:00) The S&P 500

(11:48) Legendary memos

(18:45) Investing without emotion

(29:32) You can't raise money in a crisis

(36:05) Recommended Reading

(41:49) Higher than average returns



Links:

• Oaktree - https://www.oaktreecapital.com/

• Memos - https://www.oaktreecapital.com/insights/memos

• The Most Important Thing - https://tinyurl.com/47amrzhj

• Mastering The Market Cycle - https://tinyurl.com/mr33mjbr

• Devil Take The Hindmost - https://tinyurl.com/yx9ce7xn

• A Short History of Financial Euphoria - https://tinyurl.com/uavcnunx

• Winning a Loser’s Game - https://tinyurl.com/55ch2rh9

• Mistakes Were Made (But Not By Me) - https://tinyurl.com/yc85ek63


Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com

• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.

• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!

Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC.


Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com

• Hampton Wealth Survey - https://joinhampton.com/wealth

• Sam’s List - http://samslist.co/


My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano