Microsoft Word - V2-Dare to Be Great 09_07_06.doc
oaktreecapital.com · 6,373 words · saved by 1 readers
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Memo to: Oaktree Clients From: Howard Marks Re: Dare to Be Great In one of the most colorful vignettes of the early 1970s, Glenn Turner, the head of Koscot Interplanetary, would fly into a small Midwestern town in his Learjet (when that was a huge deal). Two dwarfs would hop out and unroll a red carpet. Turner would emerge under a banner reading “Dare to Be Great” and vacuum up money through a pyramid marketing scheme based on selling motivational tapes containing the secret of getting rich. Turner’s long gone from the scene, but daring to be great still…
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