Howard Marks: The Choice Is Safety Or Income

Oaktree Capital Group LLC (NYSE:OAK) Chairman Howard Marks went on Bloomberg’s Market Makers today to talk to Stephanie Ruhle and Erik Schatzker about similarities between aggressive risk-taking today and the irresponsible investing that took place prior to the global financial crisis. While he doesn’t think we’ve reached the same level of risk-seeking as in 2007, he’s concerned that we are heading down that path. Howard Marks’ memo to investors People who don’t pay much attention to markets may know Howard Marks for a memo he made to investors, The Race to the Bottom, that identified the signs of a looming crash…