LEAD/Impact Webcast


A discussion on investing with industry legend, Howard Marks

In this webcast, Nicola Wealth CEO, John Nicola speaks to Oaktree Co-Chairman, Howard Marks. They delve into various investment philosophies and strategies, covering topics such as growth and value investing, bargain investing, behavioural investing, inflation and interest rates, beta and alpha markets, and diversification. They discuss how to build a portfolio to protect against what we don't know, emphasizing the importance of diversification.

 

These leaders explore today's investing environment and recent bank failures, touching on recession and monetary policy. They share their thoughts on how to approach ESG investing, highlighting the need to take a balanced approach; try to make money, do it safely, and have a positive impact on the world. Finally, Howard Marks offers a piece of advice for investors.

 

Overall, this webcast provides valuable insights into the world of investing and offers practical advice for investors looking to navigate today's complex market.



Speakers

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John Nicola
Chairman & CEO, Nicola Wealth

 

A veteran of the financial services industry since 1974, John provides strategic leadership to Nicola Wealth, exercising his passion for providing innovative solutions to clients’ complex problems.

 
His areas of expertise include investment management, estate and financial planning, as well as business planning with a focus on best practices for wealth building, exit strategies, and shareholder agreements.
 
In 2015 John was named the Winner of Business In Vancouver’s BC CEO of the Year Award – Small-Medium Private Company, in 2016 John was recognized as one of Canada’s Most Admired CEOs, and most recently, John has been announced as a winner of the Ernst & Young Entrepreneur of the Year (Pacific Region), as well one of the ten winners of the prestigious Ernst & Young Entrepreneur Of The Year 2022 National Award.
 
John currently serves as Chair of the Nicola Wealth Board of Directors. Additionally, he is a Founding Member of CALU (Conference for Life Underwriters) and has continued to contribute to the organization for example, by serving as Chair for the 2003 annual meeting.
 
John has used his business acumen to help develop and grow several not-for-profit organizations over a number of years. These include Covenant House, an organization providing safe housing and holistic care to at-risk youth ages 12-24, The Pivot Law Society, a volunteer legal society defending the underrepresented issues facing Vancouver’s Downtown Eastside, and Bulembu International, a foundation dedicated to helping an abandoned African mining village become self-sufficient.
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Howard Marks
Co-Chairman, Oaktree Capital

 

Since the formation of Oaktree in 1995, Mr. Marks has been responsible for ensuring the firm’s adherence to its core investment philosophy; communicating closely with clients concerning products and strategies; and contributing his experience to big-picture decisions relating to investments and corporate direction.
 
From 1985 until 1995, Mr. Marks led the groups at The TCW Group, Inc. that were responsible for investments in distressed debt, high yield bonds, and convertible securities. He was also Chief Investment Officer for Domestic Fixed Income at TCW. Previously, Mr. Marks was with Citicorp Investment Management for 16 years, where from 1978 to 1985 he was Vice President and senior portfolio manager in charge of convertible and high yield securities. Between 1969 and 1978, he was an equity research analyst and, subsequently, Citicorp's Director of Research.

 
Mr. Marks holds a B.S.Ec. degree cum laude from the Wharton School of the University of Pennsylvania with a major in finance and an M.B.A. in accounting and marketing from the Booth School of Business of the University of Chicago, where he received the George Hay Brown Prize. He is a CFA® charterholder. Mr. Marks is an Emeritus Trustee and member of the Investment Committee at the Metropolitan Museum of Art. He is a member of the Investment Committee of the Royal Drawing School and is Professor of Practice at King’s Business School (both in London). He serves on the Shanghai International Financial Advisory Council and the Advisory Board of Duke Kunshan University. He is an Emeritus Trustee of the University of Pennsylvania, where from 2000 to 2010 he chaired the Investment Board.