Howard Marks rarely gets into politics, but in this new memo, he discusses the election and economic ‘political issues’, at length. The latest memo from Oaktree’s founder is embedded below in scribd:
H/T Zach Kouwe for the find.
The Talas Turkey Value Fund returned 9.5% net for the first quarter on a concentrated portfolio in which 93% of its capital is invested in 14 holdings. The MSCI Turkey Index returned 13.1% for the first quarter, while the MSCI All-Country ex-USA was down 5.4%. Background of the Talas Turkey Value Fund Since its inception Read More
Howard Marks – A Fresh Start