227 results for "memo":
Showing 81 - 90 of 227 results
2005-05-06-there-they-go-again
The first is the extreme brevity of the financial memory. . . ., Past experience, to the extent that it is part of memory at all, is dismissed as the primitive refuge of those who do not have the insight to appreciate the incredible wonders of the present., * * * Lately I’ve been speaking a lot from my last general memo, “Risk and Return Today” (October 27, 2004)., ” * * * If you look back at the recurring mistakes listed at the beginning of this memo, you’ll see some common threads., This memorandum is being made available for educational purposes only and should not be used for any other purpose.
2012-01-10-what-can-we-do-for-you
Memo to: Oaktree Clients From: Howard Marks Re: What Can We Do For You?, Oaktree on Market Timing This memo provides an ideal opportunity for me to discuss Oaktree’s position on these matters and address some potential inconsistencies., 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
Lines in the Sand
Thus I decided to write this memo on the topic for general circulation., Remember, as I wrote in a 2006 memo with the same title, you can’t eat IRR., My basic point in that memo was that what really matters is how much money an LP makes as a result of having committed to a fund., 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.
There They Go Again...Again
All Rights Reserved Follow us: Memo to: Oaktree Clients From: Howard Marks Re: There They Go Again . . ., Both of those memos raised doubts about investment trends that soon turned out to have been big mistakes., Those are only two of the many cautionary memos I’ve written over the years., Ditto In January 2013, I wrote a memo entitled “Ditto.”, The Seeds for a Boom My son Andrew worked extensively with me in preparing this memo.
Yet Again
All Rights Reserved Follow us: Memo to: Oaktree Clients From: Howard Marks Re: Yet Again?, As I said in the memo, “it’s not real” – there is no intrinsic value behind it., It’s time for caution, as I wrote in the memo, not a full-scale exodus., Thus I’ve realized the memo was diagnostic but not sufficiently prescriptive., If you believe what I said in the memo about the presence of risk today, you might want to opt for #3.
Latest Thinking
All Rights Reserved Follow us: Memo to: Oaktree Clients From: Howard Marks Re: Latest Thinking Travel to clients abroad and preoccupation with my coming book on cycles (final draft submitted just the other day) have combined to keep me from writing a memo since September, but fortunately not from thinking., , some readers of my July memo, “There They Go Again . . ., In September I observed that the cautionary July memo hadn’t said much with respect to what people actually should do about the markets, and I tried to remedy that., I wrote that in 1997, in a clients-only memo entitled “Are You an Investor or a Speculator?”, This memorandum is being made available for educational purposes only and should not be used for any other purpose.
The Roundup: Top Takeaways from Oaktree’s Quarterly Letters - March 2023 Edition
In Howard's recent memo Sea Change, he wrote, “We've gone from the low-return world of 2009-21 to a full-return world, and it may become more so in the near term….
What’s Oaktree Reading? 2023 Year-End Book Recommendations
Stay True by Hua Hsu Priya Prasad Bowe Head of ESG Stay True is a beautifully written memoir about friendship and loss set in Northern California in the mid-1990s., The Caliph’s House: A Year in Casablanca by Tahir Shah June Sun Vice President, Infrastructure Investing In this captivating memoir, Tahir Shah chronicles his decision to uproot his family’s life in London in order to purchase an ancient, crumbling mansion in Casablanca.
Performing Credit Quarterly 3Q2022: The Signal and the Noise
As Howard Marks recently wrote in his memo The Illusion of Knowledge, few, if any, investors have the ability to consistently and profitably predict macroeconomic trends.
Direct Lending: Benefits, Risks and Opportunities
Any offer of securities or funds may only be made pursuant to a confidential private placement memorandum, subscription documents and constituent documents in their final form.The term “Oaktree®” used herein refers to Oaktree Capital Management, L.P.™ or its affiliates, individually or collectively, as the context requires.This document is being provided on a confidential basis solely for the information of those persons to whom it is given.