Money and Finance
Link to article: Howard Marks' Crystal Ball Proved Accurate
Related book: The Most Important Thing
[H/T ValueWalk]
- Leon Cooperman, Howard Marks On Investment Strategy
Link to video: Leon Cooperman, Howard Marks on Investment Strategy Sept. 22 (Bloomberg) -- Leon Cooperman, chairman and chief executive officer Omega Advisors Inc., and Howard Marks, chairman and co-founder of Oaktree Capital Management, talk about...
- Howard Marks On Bloomberg
Link to video: Marks: `Public Money' Supporting Risky Investments April 24 (Bloomberg) -- Howard Marks, chairman of Oaktree Capital Group LLC, talks about investment strategy, risks, and financial markets. Marks speaks with Stephanie Ruhle and...
- Seth Klarman And Howard Marks On Junk Bond (and Other) Prices Today
Seth Klarman (via ValueWalk):"...on almost any metric, the U.S. equity market is historically quite expensive. A skeptic would have to be blind not to see bubbles inflating in junk bond issuance, credit quality, and yields, not to mention the nosebleed...
- Howard Marks On Bloomberg (video)
Nov. 8 (Bloomberg) -- Howard Marks, chairman of Oaktree Capital Group LLC, the world’s largest distressed-debt investor, talks about Twitter Inc.'s initial public offering, the U.S. economy, and corporate bonds. Marks also talks about China and...
- Excerpt From The Most Important Thing Illuminated - By Howard Marks
Combating Negative Influences By Howard Marks, Author of The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor People who might be perfectly happy with their lot in isolation become miserable when they see others do better....
Money and Finance
Howard Marks' Crystal Ball Proved Accurate
Link to article: Howard Marks' Crystal Ball Proved Accurate
Ten years ago, veteran investor and writer Howard Marks sent a contrarian -- and prescient -- memo to clients of his firm, Oaktree Capital Management, assessing the state of the hedge fund industry. Last week, Barron's checked in with Marks to get his thoughts on the industry today.
Though aimed at clients, Marks' missives are widely read on Wall Street and beyond. Marks, 68, earned his stripes as a manager focused on credit, high-yield, and distressed debt, in particular. Marks co-founded Oaktree in 1995 after spending 10 years at TCW. Oaktree oversees $91 billion in assets, specializing in alternative strategies and, again, emphasizing credit. A prolific memo writer, Marks pulled a lot of his thoughts together into a 2011 book titled The Most Important Thing: Uncommon Sense for the Thoughtful Investor.
"Hedge Funds: A Case for Caution," dated October 2004, came at a heady time for hedge funds, which were launching at a rapid pace and gathering billions of dollars from investors eager to join the alternative investing trend.
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Related book: The Most Important Thing
[H/T ValueWalk]
- Leon Cooperman, Howard Marks On Investment Strategy
Link to video: Leon Cooperman, Howard Marks on Investment Strategy Sept. 22 (Bloomberg) -- Leon Cooperman, chairman and chief executive officer Omega Advisors Inc., and Howard Marks, chairman and co-founder of Oaktree Capital Management, talk about...
- Howard Marks On Bloomberg
Link to video: Marks: `Public Money' Supporting Risky Investments April 24 (Bloomberg) -- Howard Marks, chairman of Oaktree Capital Group LLC, talks about investment strategy, risks, and financial markets. Marks speaks with Stephanie Ruhle and...
- Seth Klarman And Howard Marks On Junk Bond (and Other) Prices Today
Seth Klarman (via ValueWalk):"...on almost any metric, the U.S. equity market is historically quite expensive. A skeptic would have to be blind not to see bubbles inflating in junk bond issuance, credit quality, and yields, not to mention the nosebleed...
- Howard Marks On Bloomberg (video)
Nov. 8 (Bloomberg) -- Howard Marks, chairman of Oaktree Capital Group LLC, the world’s largest distressed-debt investor, talks about Twitter Inc.'s initial public offering, the U.S. economy, and corporate bonds. Marks also talks about China and...
- Excerpt From The Most Important Thing Illuminated - By Howard Marks
Combating Negative Influences By Howard Marks, Author of The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor People who might be perfectly happy with their lot in isolation become miserable when they see others do better....