
Howard Marks is an American investor and business author known for writing on value investing, risk, and market cycles. Co-founder of Oaktree Capital Management, he wrote The Most Important Thing and Mastering the Market Cycle. His investment memos and books have become widely read guides for professional and individual investors.
Howard Marks built his reputation at the intersection of disciplined investing and unusually clear writing. Raised in Queens, New York, he studied finance at the Wharton School and earned an MBA from the University of Chicago Booth School of Business before entering investment research at First National City Bank, later Citicorp, in 1969. Over the next two decades he moved from equities into convertibles, high yield bonds, and distressed debt, then led those groups at TCW. In 1995 he co-founded Oaktree Capital Management, where he became co-chairman and a principal steward of the firm’s risk-conscious investment philosophy. ((https://catalogimages.wiley.com/images/db/pdf/9781119617068.excerpt.pdf))

Howard Marks
Renowned investor Howard Marks shares invaluable insights on successful investing, risk assessment, and market psychology in this illuminating guide.

Howard Marks
Legendary investor reveals how to identify market cycles, improve investment decisions, and gain an edge in volatile markets.

Howard Marks
Renowned investor Howard Marks shares invaluable insights on successful investing, risk assessment, and market psychology in this illuminating guide.

Howard Marks
Legendary investor reveals how to identify market cycles, improve investment decisions, and gain an edge in volatile markets.
"But for a certain Wall Street set, there are equally high expectations for the writings of Howard Marks"
— Wall Street Journal
"Few books on investing match the high standards set by Howard Marks in The Most Important Thing"
— John C. Bogle
"Howard Marks's Mastering the Market Cycle is a must-read"
— Ray Dalio
"Regular recipients of Howard Marks's investment memos eagerly await their arrival for the essential truths and unique insights they contain"
— Seth A. Klarman
"Howard Marks has distilled years of investment wisdom into a short book that is lucid, entertaining, and ultimately profound"
— Joel Greenblatt
"Written in plain English, Howard Marks's hard-earned wisdom will help readers tilt the odds in their favor"
— Jeffrey Gundlach
"When I see memos from Howard Marks in my mail, they're the first thing I open and read"
— Warren Buffett
"Veteran value-investing manager Howard Marks draws on pithy memos he wrote to clients over the years"
— Money Magazine