Joel Greenblatt and Howard Marks sit in chairs on a stage with Wharton banners behind them and an audience in the foreground

Howard Marks Investor Series

Discussions between investment thought leaders and host Howard Marks, W’67

Sharing Practical Perspectives on Investing

The Howard Marks Investor Series at The Wharton School brings high-profile investors to campus to share real, practical perspectives. Each event features a fireside chat style conversation between Howard Marks, W’67,and an investment community thought leader, often with a special focus on value investing.
The series is managed by Professor Christopher Geczy, Adjunct Professor of Finance, and Academic Director of the Wharton Wealth Management Initiative and the Jacobs Levy Equity Management Center for Quantitative Financial Research.

Past Lectures

Howard Marks and Chris Geczy in chairs on stage, in discussion

Howard Marks, Director and Co-Chairman, Oaktree Capital Management

February 2020.

Howard Marks, with Adjunct Professor of Finance Chris Geczy, discusses his career in investment management and how achieving greatness means taking risks.

Watch the video of this lecture event on the Wharton YouTube channel.
Howard Marks and Seth Klarman sit on a stage, in discussion

Seth Klarman, CEO and Portfolio Manager, The Baupost Group LLC.

Fall 2018.

Moderated by Howard Marks in a fireside chat style discussion, Mr. Klarman answered questions on portfolio management, the role of technology in investing and the future of the economy.

Howard Marks signs a copy of his book for an onlooking student

Howard Marks, W’67, Co-Chairman, Oaktree Capital

Spring 2018.

At this interactive event, Mr. Marks himself shared his insights on portfolio management, value investing, and other current topics.

Watch the full video here and read more on Knowledge@Wharton.
Headshot of Bruce Karsh in front of a blue Wharton background

Bruce Karsh, Co-Chairman and Chief Investment Officer, Oaktree Capital

Spring 2017.

“Culture meant so much to us when we were starting out Oaktree. If we were going to build a firm, work hard, build a company and spend a lot of time there, we wanted to do it with people we really liked, respected, and enjoyed their company.”
Watch the full video.
Stephen Schwarzman sits in a chair, talking

Stephen Schwarzman, Chairman and CEO, The Blackstone Group

Spring 2016. 

“I insisted that everyone around the table speak, and they could only speak about analytic weaknesses in the deal and risks in the deal. So this is all geared to not losing money.”
Read article (K@W)
Stanley Drunkenmiller sits in a chair on a stage, talking to the audience

Stanley Druckenmiller, Chairman and CEO, Duquesne Family Office

Fall 2015. 

“I don’t really like hedging. To me if something needs to be hedged, you shouldn’t have a position in it.” Read article on CNBC.
Joel Greenblatt talks to the audience from a chair onstage

Joel Greenblatt, W’79, WG’80, Managing Partner and Co-CIO, Gotham Asset Management

Spring 2015. 

“There was something about investing, about figuring out the puzzle, that was fun for me. Everything I read in the paper was relevant. I enjoyed the challenge of investing from the start.”
Watch the full video.
Seth Klarman reclines in a chair on stage in front of a Wharton logo

Seth Klarman, President and CEO, The Baupost Group, LLC

Fall 2014. 

“We never hold on for the last nickel. I think you make a big mistake when you do that. We never assume something will go past its fair value. We’ll let someone else make the last dollar or two.”
Read article on CNBC.
Howard Marks talks onstage

Howard Marks, Co-Chairman, Oaktree Capital

At the inaugural lecture of the Howard Marks Investor Series, Howard himself brought his world-class investment perspective to campus in an intriguing dialogue with students. Spring 2014. 

“Success in investing is not a function of what you buy.  It’s a function of what you pay.”
Read article (Wharton Blog Network).