Howard Marks

A framework for positioning portfolios.

In his latest memo, the legendary Oaktree investor lays out his 6 INVESTCON readiness conditions for handling high valuations.

The credit and stock investor dismissed worries over an asset price bubble and said to ignore short term risks.

How we think Howard Marks would play the gold price spike, plus 6 high-conviction shares Seneca holds in our top-performing funds.

25 years ago, credit investing legend Howard Marks wrote a prescient note that would define his legacy. Can he call the top again?

Off the back of the August bout of voatility, Marks has combed his treasure trove of memos for key lessons - we highlight them below.

Making predictions, remaining humble, and admitting uncertainty are three key themes this legendary investor touches on in his latest memo.

Why investors take on leverage, the opportunities and risks, and what an appropriate attitude to debt in investing looks like

The co-founder of Oaktree Capital talks opportunity cost, the importance of risk to investing, and their similarities to a game of chess.

We introduce 'The Pendulum of Investor Psychology' and detail four Australian small caps with much to look forward to in 2024.