Howard Marks – Brexit Not A Financial Catastrophe [Video]

Howard Marks


Howard Marks, the co-founder of Oaktree Capital Group LLC, said British voters’ decision to leave the European Union isn’t likely to have drastic consequences for the economies of the U.K. or the European Union countries in the long-term.

“Are people going to produce less? Are people going to buy less?” Marks asked rhetorically in an interview Friday with Bloomberg Television’s Erik Schatzker. Though the referendum will have significant psychological effects, he added, “I have trouble viewing it as a financial catastrophe.”

H/T ValueInvestingWorld

Howard Marks On Bloomberg Talking Brexit

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)



About the Author

Sheeraz Raza
Sheeraz is our COO (Chief - Operations), his primary duty is curating and editing of ValueWalk. He is main reason behind the rapid growth of the business. Sheeraz previously ran a taxation firm. He is an expert in technology, he has over 5.5 years of design, development and roll-out experience for SEO and SEM. - Email: sraza(at)valuewalk.com