2017-08-02

Oaktree Capital's Howard Marks on Market Warning, Risks, FAANGs (video)

Oaktree's Howard Marks on Market Warning, Risks, FAANGs

Aug.01, 2017: Howard Marks, co-chairman at Oaktree Capital (domain: oaktreecapital.com), discusses his latest memo that urges investors to reduce risks, the value of FAANG stocks, and his current take on investor behavior. He speaks with Bloomberg's Erik Schatzker on "Bloomberg Daybreak: Americas."
Memos from Howard Marks: "... I think it’s better to turn cautious too soon (and thus perhaps underperform for a while) rather than too late, after the downslide has begun, making it hard to trim risk, achieve exits and cut losses ..."
Excerpt:

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