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.
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