Co-founder of Oaktree Capital Management. Famous for his insightful investor memos and his book 'The Most Important Thing,' exploring market cycles and risk.
"The most important thing is being attentive to cycles."
"You can't predict. You can prepare."
"Experience is what you got when you didn't get what you wanted."
"Being too far ahead of your time is indistinguishable from being wrong."
"Risk means more things can happen than will happen."
The most important thing is being attentive to cycles.
— Howard Marks
You can't predict. You can prepare.
Being too far ahead of your time is indistinguishable from b…
Risk means more things can happen than will happen.
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