ctenidae
Active member
Okay, not really. But, I'm currently reading Howard Marks' latest book "The Most Important Thing," and since there are some fairly astute folks onteh board, thought I'd point out what I think would be an interesting read for anyone interested in such things.
Howard Marks is an investing warhorse, on par with, if not better than, Warren Buffet. He co-founded Oaktree Capital when it spun out of Trust Company of the West (an investment company that, among other things, loaned money to Google way back when and got warrants that converted to stock at 25 cents per share- not a bad return), and Oaktree now runs almost $80 billion dollars.
He tends to look at things in a slightly off-kilter way- some would say contrarion, he would say second level. He writes a memo each quarter or so that goes out to Oaktree investors, and then eventually gets posted to the Oaktree website (http://www.oaktreecapital.com/MemoTree/). They are incredibly easy to understand, thought hey deal with incredibly complex matters- it's not jargon or techspeak, and you can easily picture him just talking to an audience when you read the memos.
If you're interested in getting a different view of what's going on in the financial world, I recommend reading them.
Howard Marks is an investing warhorse, on par with, if not better than, Warren Buffet. He co-founded Oaktree Capital when it spun out of Trust Company of the West (an investment company that, among other things, loaned money to Google way back when and got warrants that converted to stock at 25 cents per share- not a bad return), and Oaktree now runs almost $80 billion dollars.
He tends to look at things in a slightly off-kilter way- some would say contrarion, he would say second level. He writes a memo each quarter or so that goes out to Oaktree investors, and then eventually gets posted to the Oaktree website (http://www.oaktreecapital.com/MemoTree/). They are incredibly easy to understand, thought hey deal with incredibly complex matters- it's not jargon or techspeak, and you can easily picture him just talking to an audience when you read the memos.
If you're interested in getting a different view of what's going on in the financial world, I recommend reading them.
