Howard Marks – The Investment Guru, His Net Worth, Portfolio, and Insights into Risk Management
In 1995, Marks co-founded Oaktree Capital Management, a firm that specializes in alternative investments, including distressed debt and credit strategies. Under his leadership, Oaktree grew into a global powerhouse, managing billions in assets. Marks' expertise in risk and market cycles has made him a sought-after commentator on financial markets. His investment approach emphasizes the importance of understanding market cycles and being aware of the risks involved in every investment decision. Despite his success, Marks is known for his humble approach to wealth. He has often stated that his wealth is the result of thoughtful decision-making, a keen understanding of risk, and a focus on long-term goals. Marks' philosophy is not about taking unnecessary risks to achieve short-term gains but about managing risk effectively to ensure steady, sustainable returns over time.
Read more: Howard Marks Memos