Howard Marks

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17d
Zero Hedge
As The S&P 500 Becomes One Giant ETF, BofA Has Four Major Warningsfunds (ETFs) and 76% single stocks versus 20% ETFs and 80% single stocks three
Zero Hedge / Posted 17 days ago
funds (ETFs) and 76% single stocks versus 20% ETFs and 80% single stocks three years ago." Furthermore, BofA, which echoes Howard Marks 2015 warning that the S&P is not as liquid as it seems, calculates that the proportion of stocks in the S&P now... Read more
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18d
Naked Capitalism
CalPERS' CIO Plays Board Like a Fiddle, Uses Trumpian Tactics on Credulous True Believersfrom general partner materials touting the new gimmick. Nowhere did it mention
Naked Capitalism / Posted 18 days ago
from general partner materials touting the new gimmick. Nowhere did it mention any risks. This year, Oaktree Capital’s Howard Marks, who writes one of the most widely read newsletters in finance, echoed our concerns and added additional ones.... Read more

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