In this interview, Howard Marks shares his investment philosophy and lessons learned over his 55-year career, including contrarian investing, value versus quality and the inevitable market cycles.
In his recent memo, Howard Marks discuss the current state of the credit market, focusing on high-yield bonds and the implications of narrow yield spreads. Howard emphasizes that while spreads are important, total returns are what ultimately matter for investors.
In this insightful podcast, Howard Marks, co-founder of Oaktree Capital, and Guy Spier, founder of Aquamarine Capital, share timeless investment wisdom. The discussion delves into essential principles for successful investing, including understanding market cycles, practicing second-level thinking, managing risk, and adopting long-term, contrarian strategies.
In a recent interview with Barron’s, Howard Marks reflects on his early career in finance, recalling how banks in the 1970s invested heavily in the “Nifty Fifty” — a group of America’s fastest-growing companies, considered unbeatable regardless of their valuation.
In a recent interview, Howard Marks argues that economic forecasting offers little value to investors. He notes that even top investors like Warren Buffett steer clear of relying on economic or market predictions when making decisions.
In his latest article titled “Ruminating on Asset Allocation”, Howard Marks discuss the key concepts and strategies related to asset allocation in investment portfolios.
In this article, Howard Marks argues that while well-intentioned, most government interventions in the economy that contradict fundamental economic principles are doomed to fail and policymakers should respect rather than attempt to repeal the basic laws of economics. The free market, even with its flaws, has the best track record of producing prosperity.
In his recent memo, Howard Marks explores the concept of “Mr. Market,” a metaphor introduced by Benjamin Graham to describe the stock market’s erratic behavior. Marks discusses the market’s tendency to miscalculate asset values due to emotional swings between optimism and pessimism.
At the Oaktree Conference 2024, Howard Marks highlighted a shift in the economic environment from a period of ease for business, finance, and investing to one of increased normalcy. He suggested that this transition could lead to slower economic growth, reduced profit margins, and decreased investor optimism
In this interview, Howard Marks discuss the many parallels between chess and investing, including the lesson that not taking enough risk may be one of the riskiest strategies of all.
In this interview, Howard Marks of Oaktree provides his three investment essentials for all investors. Howard explains that the market is unpredictable and constantly changing, so one should not be overconfident in their predictions.
In this interview with Bloomberg, Howard Marks shares his views on the US economy, the opportunities he sees in China, and the debt woes in the country’s real estate market.
In this interview on the ‘In Good Company’ podcast, Howard Marks outlines his six key principles for successful investing and a cover a number of other subjects.
In his latest memo, Howard Marks explains that debt is used to increase capital efficiency because debt is generally cheaper than equity, allowing greater asset ownership and potential profits when conditions are favorable.
Sessions from Norges Banks 2024 Investment Conference have been made available, with many of world’s most interesting thinkers and investors.
Howard Marks are interviewed on CNBC where he discusses the AI boom and market bubbles.
In his latest memo, Howard Marks discuss the importance of understanding risk as an integral part of any game, including investing
In this interview, Howard Marks highlights the importance of emotional control and risk tolerance in investing.
Howard Marks explains that while he gives away many of his investment secrets, few investors will be able to implement them.
In an interview with Onde Investir, Howard Marks discusses interest rates and the risks associated with them.
Howard Marks provides an update on his thoughts on a “Sea Change” in the economy and markets.
Howard Marks and Annie Duke discuss the importance of intellectual humility and the necessity of considering alternative outcomes when making decisions.
Howard Marks of Oaktree discusses the balance between investing in credit and equities with Bloomberg’s David Ingles.
Howard Marks follows up on his much discussed and debated memo “Sea Change”.
