The Rewind: Us and Them @oaktreecapital
The Rewind: Us and Them  @oaktreecapital
Uploaded August 2021 | Updated September 2026, 2 weeks ago
Howard reflects on this memo originally published on May 7, 2004. In a discussion that namechecks both psychologist Amos Tversky and tennis great Pete Sampras, Howard explains why too much confidence can be a dangerous thing.


You can read the memo here (oaktreecapital.com/docs/default-source/memos/2004-05-07-us-and-them.pdf) (oaktreecapital.com/docs/default-source/memos/2004-05-07-us-and-them.pdf).


The memo is read by LJ Ganser.
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The Rewind: Us and Them

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