Howard Stanley Marks (born April 23, 1946) is an American investor and writer. He is the co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide.
Biography information from
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Portrait adapted from
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Also Known As
Alternative Names:
Howard Stanley Marks
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Howard S. Marks
Never forget the six-foot-tall man who drowned crossing the stream that was five feet deep on average. It's not enough to be able to get through on average; you have to be able to survive life's low points.
the world becomes a better place – an easier place to navigate if we admit that even though there are opinions, they may be wrong.
Risk arises as investor behaviour alters the market. Investors bid up assets, accelerating into the present appreciation that otherwise would have occurred in the future, and thus lowering prospective returns. The ultimate irony lies in the fact that the reward for taking incremental risk shrinks as more people move to take it.
