303 results for "memo":
Showing 201 - 210 of 303 results
On Uncertain Ground
Memo to: OaktreeClients From: Howard M a r k s R e : OnUncertainGround Theworld seems more uncertain today than at any other time in my life., I’m going to devote this memo to the uncertainty in the world and the investment environment and then offer my take on the appropriate strategy response., Each one deserves a memo, but – as I said – I’m trying to be economical with your time and attention, On January 10 of this year, I sent out a “clients-only” memo called “What Can We Do For You?”, I said in that memo that I had come up with three questions that might help in setting strategy
What's It All About Alpha
A l l R i g h t s R e s e r v e d Memo to: OaktreeClients From: HowardMarks Re: What's It All About, Alpha?, With apologies to Burt Bacharach and Dionne Warwick, whose 1966 rendition for the movie "Alfie" was much more artistic, I couldn't resist adapting their title for a memo on investment theory., Rather than reinvent my own wheel, I'll lift parts of my memo "Irrational Exuberance" from May 2000.
What's Going On
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 : What's Going On?, The process of thinking about those subjects has given rise to this memo., UThe Market Cycle at Its Wildest In a memo on cycles entitled "You Can't Predict.
The Limits to Negativism
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 : TheLimits to Negativism The markets acted on Monday as if the credit crisis is behind us – how incredible it is to be able to even write those words, whether true or not., (I developed these thoughts last week but just wasn’t quick enough to turn them into a memo., As Bruce Karsh and I wrote ten days ago in a memo to investors in our Opportunities Funds for distressed debt, “. . . in a few years we’ll reminisce together about how easy it was to take advantage of the bargains of 2008-09.”
It's All a Big Mistake
Memo to: OaktreeClients From: Howard M a r k s R e : It’sAllaBigMistake Mistakes are a frequent topic of discussion in our world., Hearing Bob put it that way gave me the immediate inspiration for this memo., I’ve mentioned before the frequency with which I feel I come across a particularly apt quote just when I need it for a memo in the making.
Which Way Now
All Rights Reserved Follow us: Memo to: Oaktree Clients From: Howard Marks Re: Which Way Now?, I will borrow from others for the purposes of exposition in this memo, but not because I have reason to believe they’re correct): • The earliest countries to contract the virus have shown good progress., Last June, in my memo This Time It’s Different, I discussed Modern Monetary Theory, which – to simplify – says federal deficits and debt don’t matter.
The Calculus of Value (Audio)
In his latest memo, Howard Marks sets forth the essence of value and price, as well as the critical relationship between the two.
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., But I decided on Sunday March 1 that the virus called for a memo, and it was issued on March 3.
The Lessons of Oil
All Rights Reserved Memo to: Oaktree Clients From: Howard Marks Re: The Lessons of Oil I want to provide a memo on this topic before I – and hopefully many of my readers – head out for year- end holidays.
The Happy Medium
A l l R i g h t s R e s e r v e d Memo to: OaktreeClients From: Howard M a rks Re: TheHappy Medium My second general memo to clients was dated April 11, 1991 and imaginatively titled “First Quarter Performance.”, (Emphasis added) Although I’ve learned a great deal in the time since that memo was published, I still think the paragraphs excerpted above capture almost the entire essence of market movements., In November 2001 I wrote a memo on this subject entitled “You Can’t Predict., The memo discussed some of the cycles that affect the investor: The economic cycle evidences moderate fluctuations (although their impact can be profound)., The theme of this memo will be that the cyclical phenomena that so heavily influence our investment outcomes aren’t caused by the operation of institutions or physical laws.