Products
Features
YouTube Video Summarizer
Summarize YouTube videos
Web & PDF Highlighter
Highlight web pages & PDFs
Chat with PDF
Ask any PDF questions with AI
Ask AI Clone
Chat with your highlights & memories
Audio Transcriber
Transcribe audio files to text
Glasp Reader
Read and highlight articles
Kindle Highlight Export
Export your Kindle highlights
Idea Hatch
Hatch ideas from your highlights
Integrations
Obsidian Plugin
Notion Integration
Pocket Integration
Instapaper Integration
Medium Integration
Readwise Integration
Snipd Integration
Hypothesis Integration
Apps & Extensions
Chrome Extension
Safari Extension
Edge Add-ons
Firefox Add-ons
iOS App
Android App
Discover
Discover
Ideas
Discover new ideas and insights
Articles
Curated articles and insights
Books
Book recommendations by great minds
Posts
Essays and notes from readers
Quotes
Inspiring quotes collection
Videos
Curated videos and summaries
Explore Glasp
Glasp Newsletter
Weekly insights and updates
Glasp Talk
Interview series with great minds
Glasp Blog
Latest news and articles
Glasp Use Cases
Learn how others use Glasp
Build & Support
Glasp API
Access Glasp's API for developers
MCP Connector
Connect Glasp to Claude & ChatGPT
Community
Glasp Reddit Community
Students
Student discount and benefits
FAQs
Frequently Asked Questions
AboutPricing
DashboardLog inSign up

The Calculus of Value

78.6K views
•
August 14, 2025
by
Oaktree Capital
YouTube video player
The Calculus of Value

Transcript

This is the memo by Howard Marx. The calculus of value. On July 28th, I flew to South America on a plane without Wi-Fi, leaving me without email or entertainment. What was I to do but start in on a memo? Interestingly, the things I wrote during that flight turned out to be the answers to many of the questions I received from clients after I landed.... Read More

Install to Summarize YouTube Videos and Get Transcripts

Explore YouTube Video Summarizer or Get YouTube Transcript Extractor

Read in Other Languages (beta)

English

Share This Summary 📚

Summarize YouTube Videos and Get Video Transcripts with 1-Click

Download browser extensions on:

Try YouTube Summary with ChatGPT & Claude or YouTube Transcript Generator

Explore More Summaries from Oaktree Capital 📚

Is It a Bubble? thumbnail
Is It a Bubble?
Oaktree Capital
What Is the Sea Change in Financial Markets According to Howard Marks? thumbnail
What Is the Sea Change in Financial Markets According to Howard Marks?
Oaktree Capital
The Impact of Debt thumbnail
The Impact of Debt
Oaktree Capital
Cockroaches in the Coal Mine thumbnail
Cockroaches in the Coal Mine
Oaktree Capital
How to Think About Risk with Howard Marks thumbnail
How to Think About Risk with Howard Marks
Oaktree Capital

Summarize YouTube Videos and Get Video Transcripts with 1-Click

Download browser extensions on:

Try YouTube Summary with ChatGPT & Claude or YouTube Transcript Generator

Apps & Extensions

  • Chrome Extension
  • Safari Extension
  • Edge Add-ons
  • Firefox Add-ons
  • iOS App
  • Android App

Key Features

  • YouTube Video Summarizer
  • Web & PDF Summarizer
  • Web & PDF Highlighter
  • Chat with PDF
  • Ask AI Clone
  • Audio Transcriber
  • Glasp Reader
  • Kindle Highlight Export
  • Idea Hatch

Integrations

  • Obsidian Plugin
  • Notion Integration
  • Pocket Integration
  • Instapaper Integration
  • Medium Integration
  • Readwise Integration
  • Snipd Integration
  • Hypothesis Integration

More Features

  • APIs
  • MCP Connector
  • Blog & Post
  • Embed Links
  • Image Highlight
  • Personality Test
  • Quote Shots

Company

  • About us
  • Blog
  • Community
  • FAQs
  • Job Board
  • Newsletter
  • Pricing
Terms

•

Privacy

•

Guidelines

© 2026 Glasp Inc. All rights reserved.