Is it a bubble? Here’s how Howard Marks of Oaktree Capital sees it. “Memories are short, and prudence and natural risk aversion are no match for the dream of getting rich on the back of a revolutionary technology that ‘everyone […]
Howard Marks, the famous investor who runs Oaktree Capital, wrote this memo about risk to his limited partners in 2015. Risk can never really be measured. “It may rain tomorrow, or it may not, but nothing that happens tomorrow will […]
From famed investor Howard Marks: “The more I’ve thought about it since writing Liquidity, the more convinced I’ve become that there are two main reasons why people sell investments: because they’re up and because they’re down.” | learn more