Howard Marks, chairman and co-founder of Oaktree Capital Management, talks about the hedge fund industry and strategy, Alibaba Group Holding Ltd (NYSE:BABA)’s initial public offering and the outlook for U.S. stocks. He speaks with Bloomberg’s Stephanie Ruhle at the Bloomberg Markets Most Influential Summit in New York.
Howard Marks: U.S. Stocks Not In A Bubble
Nomad Investment Partnership: Keep An Eye On The Unseen Risks
There are many ways to define risk. Warren Buffett has said that "risk comes from not knowing what you're doing." Q3 2020 hedge fund letters, conferences and more His mentor, Benjamin Graham, believed that risk should be measured as the chance of a permanent capital impairment of an investment. Seth Klarman also holds this view. Read More