Howard Marks

Off the back of the August bout of voatility, Marks has combed his treasure trove of memos for key lessons - we highlight them below.

Making predictions, remaining humble, and admitting uncertainty are three key themes this legendary investor touches on in his latest memo.

Why investors take on leverage, the opportunities and risks, and what an appropriate attitude to debt in investing looks like

The co-founder of Oaktree Capital talks opportunity cost, the importance of risk to investing, and their similarities to a game of chess.

We introduce 'The Pendulum of Investor Psychology' and detail four Australian small caps with much to look forward to in 2024.

Plus, where the veteran investor is finding opportunities according to his latest 13F filing.

But there's one asset class that's ready to outperform

The Oaktree Capital founder and committed contrarian discusses macro forecasting and powerful lessons from his previous calls

The Oaktree Capital co-founder's latest memo reflects on the events and investor beliefs that led us to this point and provides some thoughts on the future.

You don’t make money on what you buy and sell; you make money on what you hold.

Markets have moved past one dangerous period – that of “irrational exuberance” – and are in the middle of another that's the polar opposite but equally risky. That’s...

For the last in our 13F series this week, I thought we'd go big and bold. And nothing says big and bold like a professional investor who bought not one but 90 new...

The head of Oaktree Capital uses an automotive analogy to answer a question that’s on the minds of many investors today: How should you think about risk? Marks says...

One of the world’s most successful investors of recent decades, Howard Marks is a champion of contrarian investing. In his latest memo, the Oaktree Capital founder...

In my recent paper, “Will Bonds Protect You In the Future?”, I challenged the utility of Bonds as a diversification tool. This challenge also reflects a concern I...

Two years ago, I penned this piece based on Stephen Schwarzman's then-newly released book. A week later, the ASX went into a month-long tailspin. Hopefully, the timing...

If our recent Outlook Series told us anything, it’s that 2022 will be a year of unknowns. As a group, our fund managers were split between bullish or bearish with one...

Howard Marks’s latest memo on the “topic du jour” of inflation stretches to about 15 pages, around 8,000 words and graciously references the work of dozens of his...

After a wild few weeks that’s seen most major equity indexes fall by a third, before a rally of around 20%, even the most experienced investors are scratching their...

Great investors have an uncanny ability to find attractive investment opportunities in any market. During the depths of the GFC when fear of the unknown paralysed most...