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Howard Marks's Letters

Overview

Known for credit investing discipline and widely read market memos.

Style

Credit cycles, distressed debt, second-level thinking

Firm

Oaktree Capital Management

Period

1946-

Howard Marks

Letters

Letters, memos, and primary writings worth reading.

Letters, memos, and primary writings

Primary writings help you study how Howard Marks thinks instead of only reading short quotes. As you read, note the market context, the problem being solved, and the repeatable principle.

Oaktree memos