Howard Marks, co-founder and now chairman of publicly-traded Oaktree Capital Management, values his ability to provide consistent returns year after year. To do so, he relies on his unemotional approach to investing and doesn't pay attention to macro forecasts, believing any asset can be cheap enough to be a good investment.
Any Asset Can Be Cheap Enough to Be a Good Investment
Howard Marks of Oaktree Capital Management learned early on in his career that quality does not necessarily make a good investment. Price is what matters.
