If you want to examine marks thinking and investment strategies firsthand, memo is a mustread. I like to say, experience is what you got when you didnt get what you wanted. Over the last twelve months ive devoted three memos to discussing macro developments, market outlook, and recommendations for investor behavior. Again of july 26 has generated the most response in the 28 years ive been writing memos, with comments coming from oaktree clients, other readers, the print media and tv. In his latest investing memo to clients, marks one of the most widelyread and respected investing pros out there strikes. Howard is the cochairman of oaktree capital management. Nice, senor nice, howard marks book of dope stories, mr nice signed, networking windows, memo to oaktree clients, from howard marks, mr. Everyday low prices and free delivery on eligible orders. Jul 09, 2016 on this page you can read or download besigheids 2016 memo in pdf format.
Check out the new look and enjoy easier access to your favorite features. He said it in connection with the novel coronavirus, but ive been. So much for the experts in august, i mentioned that i had chosen the title political reality for my memo in part because of my liking for oxymorons. Oaktree capitals founder knows how to get an edge in. I was going to do my regular linkfest this morning and then i saw that howard marks was out with a new memo to oaktree clients, so were just going to focus on that. As ive written in past memos, i have an indelible recollection of the first book i read as a wharton. As i showed by using it again in last weeks memo, i was impressed by the observation of marc lipsitch, harvard epidemiologist, that there are a facts, b informed extrapolations from analogies to other viruses and c opinion or.
Memo to oaktree clients, from howard marks 097224302x book cover. Sep 08, 2017 again of july 26 has generated the most response in the 28 years ive been writing memos, with comments coming from oaktree clients, other readers, the print media and tv. Memo to oaktree clients are a must read for his fans. As i showed by using it again in last weeks memo, i was impressed by the observation of marc lipsitch, harvard epidemiologist, that there are a facts, b informed extrapolations from analogies to other viruses and c opinion or speculation. Ive had some additional thoughts on the matter since then, meaning its time to return to it. Memo to oaktree clients, from howard marks by howard marks, 2005, wave pub. Oaktree capitals howard marks is sending a warning to markets. Marks marks offers a selection of his client memos from the years 1990 to 1999 in this book. Jul 26, 2017 oaktree capitals howard marks is sending a warning to markets. Howard marks quotes author of the most important thing. On this page you can read or download memo to oaktree clients from howard marks re in pdf format. Legendary investor howard marks books recommendations. Oaktree clients from howard marks re knowledge of the future. Nov 27, 2015 on this page you can read or download memo to oaktree clients from howard marks re in pdf format.
Im in the process of writing another book, going into great depth regarding one. He is known in the investment community for his oaktree memos to clients which detail investment strategies and insight into the economy. My wife nancys accusations of repetitiveness notwithstanding, once in a while i think of something about which i havent written much. Howard marks books list of books by author howard marks. The chairman of oaktree capital management, in his newly minted 192page book, weaves excerpts from two decades worth of the client memos into a single volume, dispensing gobs of investing insights obtained over a 42year career. I drew heavily on quotations from annie dukes book on decision. Marks is the chairman of oaktree, the lowprofile but powerful l. As ive written in past memos, i have an indelible recollection of the first book i read as a wharton freshman in 1963. Its a late summer friday anyway, and other than some currency stuff overnight things are fairly quiet.
Howard marks new memo to oaktree clients on liquidity. Memo to oaktree clients, from howard marks by howard s. Memo to oaktree clients, from howard marks similar authors to howard marks. See all books authored by howard marks, including the most important thing. On this page you can read or download besigheids 2016 memo in pdf format. I also understand my comments regarding digital currencies have been the subject of extensive and critical comments on social media, but my primitiveness in this. Memo to oaktree clients, from howard marks howard marks on. Oaktrees howard marks calls for caution in the markets.
Apr 06, 2020 latest update to clients march 19, on website march 24. Memo to oaktree clients, from howard marks hardcover january 1, 2005 by howard marks author. Buy a cheap copy of memo to oaktree clients, from howard. Open library is an open, editable library catalog, building towards a web page for every book ever published. Howard marks memo to oaktree clients for the month of april 2020, titled, knowledge of the future. Howard marks, cochairman of oaktree capital, cautions that we dont know what the real economic impact of the coronavirus outbreak will be. Howard markss memo to oaktree clients for the month of january 2020, titled, you bet. In 2011, as i was putting the finishing touches on my book the most important thing, i was fortunate to have one of my occasional lunches with charlie munger. Getting lucky the role of luck ll ca r pi ig t h al ts m r. The legendary value investor points out how important it is to be humble and explains why stocks look like a much better bet than longterm treasury bonds.
This book is the wordofmouth sensation that will change the way you think about business and the world. Dare to be great ii in september 2006, i wrote a memo entitled dare to be great, with suggestions on how institutional investors might approach the goal of achieving superior investment results. In the last six weeks the markets have seen the best of times and the worst. The first section of the memo, called letting the market call the tune, reminds me of a major point in investor due diligence. Contents oaktree capital management advisor perspectives. Read the latest memo from howard marks and browse an archive of all past.
Im not sure its a profound topic, and perhaps my observations wont be either. Its not a book about financial history or economics, and it isnt highly technical. My memos mostly try to explain whats been going on in the financial arena and how things got that way. The ideas that run through the book are best captured by an observation. Buy memo to oaktree clients, from howard marks by marks, howard isbn. Memo to oaktree clients, from howard marks by howard marks. Q4 2019 hedge fund letters, conferences and more as ive written in past memos, i have an indelible recollection of the first book i read as a wharton freshman in 1963. Howard markss missives, now for the masses the new york. Apr 14, 2020 howard marks memo to oaktree clients for the month of april 2020, titled, knowledge of the future. Mar 20, 2008 the memo all the investment world should read. The book was written in 1939 by ferdinand pecora, who served as counsel for the senate committee on banking and.
The book devil take the hindmost by edward chancellor does an excellent job of chronicling the history of financial speculation. Mar 25, 2015 howard marks new memo to oaktree clients on liquidity. Latest update to clients march 19, on website march 24. The memo all the investment world should read deal journal. X clients for sale vintage advertising collectibles. Calibrating oaktree capital management commentaries.
Oaktree capital managements howard marks latest memo to clients is available on the web. Marks has been responsible for ensuring the firms adherence to its core investment philosophy. Memo to oaktree clients by howard marks like new 2 book set 20052015. If you dont see any interesting for you, use our search form on bottom v. It was a huge payday for oaktree and its clients, which included many of the. We personally assess every book s quality and offer rare, outofprint treasures. Thus i have ideas to set down on two significant subjects.
752 269 1395 74 206 956 1300 972 697 265 267 898 330 843 26 1346 1388 506 1298 279 559 1346 921 147 56 665 1162 13 1396 1432 686 727 566 1092 714 776 37 1098 1057 331