Money and Finance
Oaktree says Europe will be a mess 'for a long time'
Howard Marks, chairman of alternative asset manager Oaktree Capital, is pessimistic about European economic prospects, but believes the turmoil could throw up some "very exciting" opportunities in real estate.
In a speech at Morgan Stanley Financials Conference in New York this morning, Marks said: “Europe will be big mess for a long time but there are three things I know – I don’t know what is going to happen, nobody else knows what is going to happen and all the experts are predicting different outcomes so 90% of them must be wrong, if not 100%. It is a folly to listen to anyone who say they know what is going to happen and make investments on that basis.”
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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...
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Howard Marks On Bloomberg
Link to video: Howard Marks on Risk Assessment, Market Strategy Sept. 5 (Bloomberg) -- Howard Marks, chairman of Oaktree Capital Group LLC, talks about assessing market risk, volatility and sentiment. Marks speaks with Stephanie Ruhle and Erik Schatzker...
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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...
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Viktor Frankl Quote On Success
“Again and again I therefore admonish my students in Europe and America: Don't aim at success -- the more you aim at it and make it a target, the more you are going to miss it. For success, like happiness, cannot be pursued; it must ensue, and it...
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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...
Money and Finance