Howard Marks is the founder of Oaktree Capital and a highly regarded value investor. Known for his regular memos, which cover everything from bitcoin to the current level of the market, Marks has built a reputation for himself as one of the world’s most successful and intelligent investors.
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The fall 2017 issue of Graham & Doddsville, the quarterly investment newsletter from students at the Colombia Business School, contains an interview with Marks, which is highly recommended reading. In the interview, he covers several topics, including investment cycles, market psychology and passive investing. Here are the highlights.
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