- 21 July 2026
The new Fed chair is questioning Core PCE as the primary inflation measure.
35 years of investor wisdom
- PROFESSIONAL INVESTORS
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- 14.11.25
To celebrate 35 years of Howard Marks' insightful memos, Oaktree has created 'The Best of...', a curated collection of the ones he considers most impactful.
Howard Marks, Co-Chairman & Co-Founder of Oaktree, writes:
"These memos fall primarily into two categories. Some set out what I consider the enduring truths of investing – from the need for second-level thinking to the importance of risk control, the inevitability of cycles, and the futility of macro forecasting. Others chronicle the most impactful financial events of the last three decades: the dot-com bubble, the Global Financial Crisis, and the sea change in interest rate policy that took place in 2022."
Download the PDF to access these memos.
