Seth Klarman and Howard Marks on junk bond (and other) prices today
Money and Finance

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 stock market valuations of fashionable companies like Netflix, Inc. (NASDAQ:NFLX) and Tesla Motors Inc (NASDAQ:TSLA)."

Howard Marks (via Bloomberg):
The head of the world’s largest distressed debt fund is emphasizing the need for making careful choices as loan funds inundated with unprecedented cash enable junk-rated companies to borrow at cheaper rates. 
“When things are rollicking and the market is permitting low-quality issuers to issue debt, that’s when you need a lot of caution,” Howard Marks, the founder and chairman of Oaktree Capital Group LLC, said in a telephone interview. “You have to apply a lot of discernment.”





- 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: 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...

- 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...

- 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...

- Howard Marks On Bloomberg (video)
Feb. 19 (Bloomberg) -- Howard Marks, chairman of Oaktree Capital Group LLC, talks about credit markets and his investment strategy. He speaks with Erik Schatzker and Sara Eisen on Bloomberg Television's "Market Makers. ...



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