Howard Marks: Investment is simple, just persist; professional investment is difficult, and the bear market reveals the truth. In the field of professional investment, merely achieving good performance is far from enough—you must exceed the market benchmark, and this is precisely the core challenge faced by the investment management industry. Howard Marks, co-founder of Oaktree Capital, pointed out during an interview in Seoul that in the field of investment, the core of creating value lies in: obtaining higher returns for the same risk, or taking on lower risk for the same return. #投资