howard marks

Oaktree Capital co-founder Howard Marks didn’t mince words about the trillion-dollar rise of index funds, attributing the dominance of passive investing not to its inherent brilliance, but to the historic underperformance of active stock pickers. The Fee Myth And Active Failures In a recent...

Concerns over inflation, defaults, and AI-driven disruption in software have fueled recent stress in private credit markets, prompting Goldman Sachs Research to speak with leading credit CEOs, who see AI as a driver of greater dispersion and volatility rather than broad market disruption across...

Microsoft Corp. (NASDAQ:MSFT) CEO Satya Nadella warned that AI-driven job displacement is imminent, and companies and workers who ignore it risk being left behind. “I’m not saying there is not going to be displacement. We have to be clear-eyed about it,” Nadella said in a recent...

Howard Marks has spent decades turning market observation into enduring wisdom. The Oaktree Capital co-founder and co-chairman is celebrating 35 years of writing the famous investment memos this month. Always eager to share his views, Marks gave an in-depth interview for the Master Investor Podcast...

Leading hedge fund manager Howard Marks isn’t too concerned about market valuations, particularly among tech and AI stocks just yet. While he acknowledged the surge in enthusiasm surrounding these stocks, he pushed back on the idea that markets are in irrational territory. Valuations High,...

Billionaire investor Howard Marks, co-founder of Oaktree Capital Management, is drawing on his legendary experience from the 2007-08 financial crisis to issue a new warning: today’s market is in the “early days of a bubble.” His cautionary stance is underscored by his history of...

Howard Marks is one of those investors who is wildly successful in a quiet and understated manner. He has built one of the largest and most successful credit-focused investment firms in the world today. Marks was in charge of convertible and high-yield bonds at what is now Citicorp from 1978 to...

Howard Marks, chairman of Oaktree Capital, doesn't mince words. Price is what you pay, and value is what you get. But what is "value" in the eyes of this billionaire investor, famous for outstanding bets on distressed capital? In his latest memo, "The Calculus of Value", he strips it down. A...

Oaktree Capital Management co-chairman Howard Marks revised the government interventions in Wednesday's memo titled "Shall We Repeal the Laws of Economics?" The billionaire investor, known for his outstanding investments in distressed debt, argued that economic systems operate on fundamental laws,...

Warren Buffett’s aversion to Bitcoin (CRYPTO: BTC) and cryptocurrencies is well-known, and the legendary investor hasn't made any direct investments in the asset class thus far. What happened: Buffett gained infamy in cryptocurrency circles when he described Bitcoin as "probably rat poison...

With the Nasdaq in correction and the S&P 500 and Dow Jones over 8% lower from their previous highs, investors are divided. Some analysts see a buying opportunity, while others urge caution amid tariff uncertainty. What Happened: The U.S. stock market has declined this week except for a bout of...

Billionaire investor Howard Marks has highlighted the shifting investor sentiment toward credit investments amid the ongoing downfall in the equity markets. In his latest memo, he underscores how private debt offers higher returns than the S&P 500 index amid elevated valuations. What Happened:...

The Nasdaq 100 index confirmed a historical trend that it could be entering a bear market after it fell 3.81% on Monday, its worst day since 2022. What Happened: The tech-heavy Nasdaq 100 index entered the correction territory last week on Thursday after slipping 9.76% from its previous record high...

As the dot-com bubble peaked in March 2000 and began deflating for several months to come, the stock market in 2025 has already entered the correction territory in March. While there are several narratives suggesting that this is a routine correction, some data suggests that a bear market is coming...

With its skyrocketing valuations and continued strength amid volatility, the S&P 500 has risen 1.46% in 2025 following a 20% plus gain in 2023 and 2024. As experts predict an overdue correction, this analyst says the ongoing “sideways consolidation” over the last three months could...