Howard Marks
Page 7
Howard Marks: “The Death of Equities”: A Bull Market’s Dark Prophecy (and Why It Was Wrong)In his book Mastering The Market Cycle, Howard Marks discusses a 1979 Business Week article titled “The Death of Equities”. The article highlights how popularity (or lack thereo…
Howard Marks: 10 Year-End Book Recommendations 2023Howard Marks and the team at Oaktree Capital have just released their 10 Year-End Book Recommendations for 2023. Here is a list of the ten: 1. Thinking in Bets: Making Smarter D…
Howard Marks – Top 10 Holdings – Latest 13FOne of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track the…
Howard Marks: Don’t Be the 98% Skydiver: Why Considering Worst-Case Scenarios MattersIn his latest Insight with Annie Duke, Howard Marks emphasizes the importance of intellectual humility and considering alternate outcomes when making decisions. He argues that m…
Howard Marks: The Greatest Lessons From Charles MungerDuring his recent interview with Bloomberg, Howard Marks discusses some of the greatest lessons from Charles Munger. Here’s an excerpt from the interview: Marks: Well if you wan…
Howard Marks: The Tide Is Going Out: Are You Prepared for a Recession?During his latest Insight Conversation, Howard Marks explains why the tide is going out and the unusually ‘easy’ period for risk-taking is over. Here’s an excerpt from the conve…
Howard Marks: Market Madness: Why Stock Prices Fluctuate More Than EarningsIn his book Mastering the Market Cycle, Howard Marks discusses the madness of markets, and why stock prices fluctuate more than earnings. Here’s an excerpt from the book: If the…
Howard Marks – Top 10 Holdings – Latest 13FOne of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track the…
Howard Marks: Maximizing Investment Returns: A Balance of Equities and CreditDuring his recent interview with Bloomberg, Howard Marks discussed the recent increase in high yield bond yields and how they can be competitive with equities when their yields …
Howard Marks: A Dangerous Lesson: The More Risk You Take, The More Money You MakeDuring his recent interview on the OakTree Podcast, Howard Marks says looking ahead those who conduct better credit analysis and take less risk are likely to be rewarded. The pe…- Howard Marks: A Lessening Of Optimism Will Throw Some Sand Into The Financial GearsIn his latest memo titled Further Thoughts on Sea Change, Howard Marks believes that investors are still optimistic about the future of the stock market, despite the recent chal…
Howard Marks: How To Get Safer, Equity-Type Returns With Credit InstrumentsIn this interview with Bloomberg, Howard Marks says that credit instruments, such as loans and bonds, can provide equity-type returns with a good level of safety. He points out …
Howard Marks: The Psychological Factors That Affect Security PricesIn this interview with David Rubenstein, Howard Marks argues that the impact of a company event on its security prices is not direct or mechanical. Rather, it is mediated by peo…
Howard Marks: In Investing Price Over Quality Every TimeIn his 1992 memo, Howard Marks explained why, in investing, price is more important than quality every time. Here’s an excerpt from the memo: The second factor determining wheth…
Howard Marks: How To Beat The Market With Alpha: A Guide For InvestorsIn his latest memo titled – Fewer Losers, or More Winners?, Howard Marks explains how superior investing involves creating an asymmetry with more upside potential than downside …
Howard Marks: Fragile Markets Are A Good Time To InvestIn this interview with the Brazil Journal, Howard Marks explained why he feels very positive about the current environment, saying the fragile conditions create more opportuniti…
Howard Marks: How To Take The Market’s TemperatureIn his book, The Most Important Thing, Howard Marks explains why being alert to what’s going on and taking the market’s temperature, can help us gain a better understanding of t…
Howard Marks: Great Investors Use Second Level ThinkingIn this interview with 3ProTV, Howard Marks discusses the difference between first level thinking, which is simplistic and often wrong, and second level thinking, which is more …