Oaktree Capital’s Howard Marks: Bonds May Be First To Crack

Howard Marks, Oaktree Capital co-chairman, discusses high asset prices and how bonds might be the first to crack.

H/T Dataroma

Oaktree Capital’s Howard Marks: Bonds May Be First To Crack

Seth Klarman: Investors Can No Longer Rely On Mean Reversion

Volatility"For most of the last century," Seth Klarman noted in his second-quarter letter to Baupost's investors, "a reasonable approach to assessing a company's future prospects was to expect mean reversion." He went on to explain that fluctuations in business performance were largely cyclical, and investors could profit from this buying low and selling high. Also Read More


Oaktree Capital’s Howard Marks: Bonds may be first to crack from CNBC.

Oaktree Capital’s Howard Marks: I don’t understand what’s behind bitcoin

Howard Marks, Oaktree Capital co-chairman, discusses what he calls the “trading currency” bitcoin.

Oaktree Capital’s Howard Marks: I don’t understand what’s behind bitcoin from CNBC.