Market / General
Memos from Howard Marks: Taking the Temperature

Howard Marks reflects on five market calls he made in the past two decades and the influence of psychology and emotions.

07.10.2023

Howard MarksCo-Chairman of Oaktree Capital, discusses five market calls he made between 2000 and 2020.  He argues that investors seeking to know the market’s likely direction should focus on taking its psychological temperature and understanding the nature of cycles.  Just as importantly, they should learn to control their own emotions and have the humility to know when not to make a call.

 

Views and opinions expressed are subject to change. This recording is provided for educational purposes only and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any product or service of Brookfield Corporation (“Brookfield”) and certain of its affiliates.