Howard Marks Is Getting Aggressive On High Yield Debt

Oaktree Capital Management co-founder Howard Marks says that investors should see the drop in oil prices as more proof that markets are irrational and macro forecasting all but impossible. Instead of trying to guess which way prices will go from here, he’s looking for the securities (high yield debt in particular) that are getting unfairly pummeled by investors heading for the door.

“For the last 3 ½ years, Oaktree’s mantra has been ‘move forward, but with caution.’ For the first time in . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers