Howard Marks is co-chairman and co-founder of Oaktree Capital Management a leading global investment firm with deep expertise in credit strategies, which manages more than $120 billion in assets. Howard is the bestselling author of the two highly influential books: "Mastering the Market Cycle: Getting the Odds on Your Side" and "The Most Important Thing: Uncommon Sense for the Thoughtful Investor". He is also known for his very insightful investor letters, which has been claimed to be must-read material by many well-known investors, including none other than Warren Buffett. Howard holds a B.S.Ec. degree from the Wharton School of the University of Pennsylvania with a major in finance and an M.B.A. in accounting and marketing from the University of Chicago.
“Experience is what you got, when you didn’t get what you wanted” – Howard Marks
The one habit of all successful people is reading. As Charlie Munger says "He has not come across a successful investor who does not read". My goal is to disseminate as much knowledge as I can to you about each and every book that I read related to investing, personal finance, business or entrepreneur biographies.
Howard Marks is the co-founder of Oaktree Capital Management and author of "The Most important thing" and "Mastering the market's cycles". Here we discuss some key concepts from his book: The Most Important thing.
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