Howard Marks – Warns Investors to Invest When Optimism Is Low, Not High

One of our favorite investors at The Acquirer’s Multiple – Stock Screener is Howard Marks.

Howard Marks is Chairman and Co-Founder of Oaktree Capital Management, the world’s biggest distressed-debt investor. He’s known in the investment community for his “Oaktree memos” to clients which detail investment strategies and insight into the economy, and in 2011 he published the book The Most Important Thing: Uncommon Sense for the Thoughtful Investor.

In a recent interview with CNBC, Marks warned investors that a lot of optimism has been factored into the stock market since election day and investors should invest when optimism is low, not high. It’s a must watch for all investors: