351 results for "Howard Marks":

Showing 141 - 150 of 351 results

Leaning Toward Value: Emerging Markets Equities After the Pandemic

Howard Marks, our co-chairman, penned these lines in his recent memo “Something of Value” (January 11, 2021), critiquing the often oversimplified distinction between value and growth investing.
PCQ 4Q2023

While this could happen, we believe – to quote our co-chairman Howard Marks – that this all “smacks of Goldilocks thinking.”, High Yield Bonds Yield Spread Tightening 10-Year Treasury Note Decline in Yield B a s i s P o i n t s 4Q2023 Insights 2 Winds of Change Over the last few decades, arguably no financial market tailwind was stronger than declining and ultra-low interest rates – as Howard Marks has written about extensively over the last year., As Howard recently noted in his memo Easy Money: Low interest rates made it: • easy to run a business, with the stimulated economy growing unabated for more than a decade; • easy for investors to enjoy asset appreciation; • easy and cheap to lever investments; • easy and cheap for businesses to obtain financing; and • easy to avoid default and bankruptcy., As Howard recently noted: I’ve seen Goldilocks thinking in play a few times over the course of my career, and it rarely holds for long.
Different

All Rights Reserved Follow us: Memo to: Oaktree Clients Only From: Howard Marks Re: A Different World Our powers and choices are limited in the coronavirus environment, but one thing I can do is communicate.
What's Oaktree Reading: 2021 Year-End Book Recommendations

A Short History of Financial Euphoria by John Kenneth Galbraith Howard Marks Co-Chairman This short book provides a very good description of the way market participants’ psychology swings to extremes.
The Seven Worst Words in the World

All Rights Reserved Follow us: Memo to: Oaktree Clients From: Howard Marks Re: The Seven Worst Words in the World I have a new book coming out next week titled Mastering the Market Cycle: Getting the Odds on Your Side., In the current financial environment, the number “ten” has taken on particular significance:  This month marks the tenth anniversary of Lehman Brothers’ bankruptcy filing on September 15, 2008, and with it the arrival of the terminal melt-down phase of the Crisis
Shall We Repeal the Laws of Economics – Part III

 © 2026 Oaktree Capital Management, L.P. 1 A ll Rights Reserved Memo to: Clients From: Howard Marks Re: Shall We Repeal the Laws of Economics – Part III In September 2024 and June 2025, I wrote memos that were critical of governments’ attempts to override the laws of economics, based on my conviction that trying to do so is likely to prove ineffective and potentially harmful., When I was young, I had a 1,000 mark note from the Weimar Republic of the early 1920s that had been overprinted “One Million Marks.”
Special Edition: Investing in Credit Today

Frank is Oaktree’s Vice Chairman and works closely with Howard Marks, Bruce Karsh and Jay Wintrob in managing the firm.
Behind the Memo - The Indispensability of Risk - Transcript

 1 Transcript Insights Behind the Memo – The Indispensability of Risk with Howard Marks, Bruce Karsh, and Maurice Ashley Anna Szymanski Hello, and welcome to Behind the Memo by Howard Marks., Maurice, Bruce, Howard, thanks so much for joining me., Howard Marks Great to be here, Anna., Howard Ye a h ., Thanks, Howard.
Latest Update

All Rights Reserved Follow us: Memo to: Oaktree Clients Only From: Howard Marks Re: Latest Update I’m going to do all I can to provide information and views throughout this crisis, albeit perhaps without the kind of narrative or literary flourish I usually try for.
The Insight Conversations – Crossroads - Transcript

If you go back to December of 22 when Howard wrote Sea Change, I think what you’ll note is that it calls out a lot of the major themes driving the market today., And two, you have a situation where if you’re not getting the liquidity back to the LP, the LP really wonders if they can trust the marks., Our view is you should take down your BDC, your marks on private assets for two reasons.