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Howard Marks

Co-founder and co-chairman of Oaktree Capital Management

United States · b. 1946

Business and finance

About

Co-founded Oaktree Capital Management in 1995, having previously run distressed debt and high yield portfolios at TCW and Citicorp. He has published memos to Oaktree clients since 1990.

reference

2 answers

Question What are bad recommendations you hear in your profession or area of expertise? Craft & work read 31 other answers →

There are a few things I dismiss and a few I believe in thoroughly. The former include economic forecasts, which I think don't add value, and the list of the latter starts with cycles and the need to prepare for them.

Recorded Oaktree memo, Oaktree Capital Management (client memo), 20 November 2001 source ↗

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