Howard Marks, famous value investor, and founder of Oaktree capital is out with his latest memo. Warren Buffett has recommended reading Marks’ memos and gave a big endorsement to Howard’s book, The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing).
In Howard Marks’ latest memo, he discusses risk, mistakes, hedging, behavioral finance, and of course value investing.
The full memo can be found at the following link-Its All a Big Mistake
