Only a handful of hedge fund investors have the sort of reputation Howard Marks has built over the past couple of decades. The distressed debt investor is highly respected on Wall Street for his accomplished career and track record at Oaktree Capital Management.
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One of the reasons why Marks garners so much respect is his experience. The value investor has been buying and selling securities since the late 1960s.
He founded Oaktree in 1995, after leaving TCW Group, where he was responsible for the firm's distressed and high yield debt investments. Over the past 50 years, Marks has experienced several recessions and...
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