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Howard Marks on Business Cycles and the Option Value of Cash

Erik Kobayashi-Solomon

September 14, 2018

As I mentioned in my last article, I recently had the pleasure of attending MOI Global’s Latticework 2018 Conference, at which legendary investor Howard Marks was one of the featured speakers. Marks is co-chairman and co-founder of Oaktree Capital Management, a prominent investment firm managing over $120 billion in assets. In October, Houghton Mifflin Harcourt will publish …

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