292 results for "memo":
Showing 231 - 240 of 292 results
Liquidity
All Rights Reserved Memo to: Oaktree Clients From: Howard Marks Re: Liquidity My wife Nancy’s accusations of repetitiveness notwithstanding, once in a while I think of something about which I haven’t written much., But I think it’s worth a memo., (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.
What's Your Game Plan
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’sYourGame Plan?, UFinding Your Role Model An article in the Wall Street Journal of August 8, entitled “Greatness in Our Midst,” supplied the immediate impetus for this memo., A l l R i g h t s R e s e r v e d UBack to Tennis for the Wrap-up Just as this memo was going into the home stretch, the Wall Street Journal’s Allan Barra greeted the start of the U.S.
Risk in Todays Markets
A l l R i g h t s R e s e r v e d Memo To: Clients From: HowardS.Marks,TCW Re: RiskinToday's Markets The ability of the stock market to react so harshly on February 4 to a small, Fed- mandated rise in interest rates, pushing the Dow down 96 points, suggests a lack of preparedness for negative developments.
You Bet
All Rights Reserved Follow us: Memo to: Oaktree Clients From: Howard Marks Re: You Bet!, All Rights Reserved Follow us: Thinking in Bets In a past memo, I told a story from my days as a buy-side analyst following the business equipment industry for First National City Bank., And that brings me to the source of the inspiration for this memo: a book called Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts by Annie Duke., That brings me to the subject of investing . . . and this memo., All Rights Reserved Follow us: Since her book provided the impetus for this memo, I’ll let Annie Duke sum up.
35 Years of Memos - Transcript
But anyway, that caused me to write the memo., Harry So bubble.com put the memos on the map, the next big crisis, seven or eight years later, the global financial crisis, again, I’ll read an excerpt from quite a timely memo Race to the Bottom, written in February 2007., Did you set out thinking, “Every memo should focus on risk, I should be the expert?”, Howard No, I think, Harry, that the themes, common threads that have developed, were never an intention to, “Let’s mention risk in every third memo,” or something like that., And I wrote a memo 25 years ago, plus or minus, called Us and Them talking about there are two schools of thought.
The Winds of Change
Yet there are changes taking place, and they’ll be the subject of this memo., In my January memo, Something of Value, I described some of the changes technology is making in the business world., In August 2008, on the way to ending my memo What Worries Me, I included a passage from the 2004 book Running on Empty by Pete Peterson (for those who weren’t in the business world in the 20th century, Pete held important positions in government and co-founded Blackstone with Steve Schwarzman): . . . while our problems are not yet intractable, both political parties are increasingly incorrigible., But it has to be part of a memo that purports to discuss important changes that are underway., Senior economics consultant Neil Irwin summed up our situation very well in The New York Times on April 16, 2020 (I borrowed this quote for inclusion in my May 2020 memo Uncertainty.): The world economy is an infinitely complicated web of interconnections.
You Can't Predict You Can Prepare
A l l R i g h t s R e s e r v e d For the title of this memo I’ve borrowed the tagline from Mass Mutual’s advertising campaign., Memo to: OaktreeClients From: Howard M a r k s R e : YouCan't Predict., I described in my last memo, "What Lies Ahead?, In April 1991 , in just my second general memo to clients, I described the market as follows: The mood swings of the securities markets resemble the movement of a pendulum.
Nobody Knows
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 : Nobody K n o w s T h e t i t l e o f t h i s m emo isn’t a joke; I mean it.
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.)
Now What
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 : Now W h a t ?, And there you have it: five pages devoted to the past in a memo about the future.