260 results for "memo":

Showing 161 - 170 of 260 results

2000-01-02-bubble

A l l R i g h t s R e s e r v e d Memo to: OaktreeClients From: HowardMarks Re: bubble.com Thebook"DevilTaketheHindmost" by Edward Chancellor does an excellent job of chronicling the history of financial speculation., * * * I will devote the rest of this memo to what certainly seems to me to be another market bubble., A l l R i g h t s R e s e r v e d Legal Information and Disclosures This memorandum expresses the views of the author as of the date indicated and such views are subject to change without notice., This memorandum is being made available for educational purposes only and should not be used for any other purpose., This memorandum, including the information contained herein, may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of Oaktree.

2012-02-15-assessing-performance-records-a-case-study

Memo to: OaktreeClients From: Howard M a r k s R e : AssessingPerformance Records – A Case Study What are the non-negotiable requirements for accurately assessing investment performance?, in my memo Pigweed, from December 7, 2006, Legal Information and Disclosures This memorandum expresses the views of the author as of the date indicated and such views are subject to change without notice., This memorandum is being made available for educational purposes only and should not be used for any other purpose., This memorandum, including the information contained herein, may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of Oaktree

2013-03-13-the-outlook-for-equities

Memo to: OaktreeClients From: Howard Marks Re: The Outlook for Equities It doesn‟t take much to get me started on a memo., I‟m not going to drag you through it again, but I will copy over parts of that memo from a year ago: . . . people have been throwing in the towel and selling stocks., Those low expectations, when combined with modest fundamental and psychological improvement, gave the S&P 500 a return of about 13% over the year since that memo was written., Legal Information and Disclosures This memorandum expresses the views of the author as of the date indicated and such views are subject to change without notice., This memorandum is being made available for educational purposes only and should not be used for any other purpose.

2013-11-26-the-race-is-on

Memo to: Oaktree Clients From: Howard Marks Re: The Race Is On I’ve written a lot of memos to clients over the last 24 years – well over a hundred., This memo is about the cycle’s first half: the manic swing toward accommodativeness., It’s primarily these latter elements – rather than securities merely getting pricier – with which this memo is concerned., Examples from the Media My preparation for writing these memos often includes amassing media citations around a central theme., This memorandum is being made available for educational purposes only and should not be used for any other purpose.

2015-03-25-liquidity

But I think it’s worth a memo., Is it done in response to a threat that has a reasonable likelihood of materializing, or to a crisis while it is fresh in memory (“fighting the last war”)?, (Several years ago I cited Wikipedia in a memo, and Oaktree co-founder Richard Masson – a stickler for correctness – told me in no uncertain terms that it wasn’t a respectable source., * * * I started this memo by saying liquidity might not be a profound topic., This memorandum is being made available for educational purposes only and should not be used for any other purpose.

2003-07-01-the-most-important-thing

A l l R i g h t s R e s e r v e d Memo to: OaktreeClients From: Howard M a r k s R e : TheMostImportantThing AsImeet with clients and prospects, I repeatedly hear myself say, “the most important thing is x.”, Or is memory loss setting in?, Not only does turnover drain off your best people, but it also takes their institutional memory and leaves you bogged down in hiring and training their replacements., This memorandum is being made available for educational purposes only and should not be used for any other purpose., This memorandum, including the information contained herein, may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of Oaktree.

On the Couch

Thus I moved to my desk to start a memo that would pull them together., This memo is my attempt to send the markets to the psychiatrist’s couch, and an exploration of what might be learned there. 2012-14: An Uncertain World In September 2012, I wrote a memo called “On Uncertain Ground.”, That means you can follow @oaktree on Twitter to receive updates about my memos, videos and speaking engagements, and to hear from others at the firm., You can also subscribe to my memos on our website, oaktreecapital.com/insights., This memorandum is being made available for educational purposes only and should not be used for any other purpose.

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., A L L R I G H T S R E S E R V E D Legal Information and Disclosures This memorandum expresses the views of the author as of the date indicated and such views are subject to change without notice., This memorandum is being made available for educational purposes only and should not be used for any other purpose., This memorandum, including the information contained herein, may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of Oaktree.

Transcript - Founders Unplugged

H o w a rd I wrote a memo in, I think it was 2003, called The Most Important Thing, which was a precursor for the book., It said in that memo that the keys to a successful partnership is shared values and complementary skills.

The Roundup: Top Takeaways From Oaktree’s Quarterly Letters - 4Q2022

(See Howard’s memo The Illusion of Knowledge for Oaktree’s view on the usefulness of macro forecasting.)