There are no “compelling bargains” in the markets right now, billionaire investor Howard Marks said on Tuesday.
“There’s better and there’s worse, but there’s nothing that is absolutely cheap,” the chairman of Oaktree Capital said in an interview with “Closing Bell.”
Howard Marks: No Compelling Bargains In Markets
In his book, The Dhandho Investor: The Low–Risk Value Method to High Returns, Mohnish Pabrai coined an investment approach known as "Heads I win; Tails I don't lose much." Q3 2021 hedge fund letters, conferences and more The principle behind this approach was relatively simple. Pabrai explained that he was only looking for securities with Read More