This is a phenomenal piece. Highly recommend this read (as well as all Marks' other pieces) when you get a free few minutes:
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Marks' memos are always great. A great macro thinker, and investor.
Thank you for sharing.
A little spinoff from the topic (but not that much): How worthwhile would it be for an undergrad to do an offcycle internship at Oaktree? - Starting in PE Moving from IBD to PE later on? - Exit opps and brand name abroad?
I'd bet that most people with an opportunity to intern at oaktree would not need to ask this question here.
How much would you bet? ;)
Oaktree was looking for an intern in their international converts team earlier this month
i feel a little bit smarter after reading that. banana for you.
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