A Memo from Howard Marks of Oak Tree Capital sent to clients "On the Couch"
Warren Buffett said, "When I see memos from Howard Marks in my mail, they're the first thing I open and read." Howard is the co-chairman of Oaktree Capital Management. He is known in the investment community for his "Oaktree memos" to clients which detail investment strategies and insight into the economy. He treats investing as equal parts psychology and finance, and his book The Most Important Thing provides "uncommon sense for the thoughtful investor."
(Originally uploaded by Google on March 29, 2015)
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