1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Articles (4612) 

Howard Marks Latest Memo to Investors - Titled "Ditto"

January 09, 2013 | About:

Oaktree's Howard Marks is out with his latest letter/memo to investors.

Here is the direct link for the entire letter which compares 2013 with 2004:


About the author:


Rating: 3.8/5 (9 votes)


Steve Pomeranz
Steve Pomeranz premium member - 3 years ago

Vgm - 3 years ago
Certainly no "yawn" in my mind.

Marks acknowledges there's a certain amount of repetition in his book and memos. But the importance of the concepts is so great that I for one gladly and voluntarily read and re-read his stuff. His insights are profoundly important for investors. And because most of them are contrarian and counterintuitive, it takes time for them to sink in and become mentally and behaviorally habitual.

Thanks for posting.

Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

blohmventuresprice/earnings power. p/fcf
blohmventuresprice/earnings power
blohmventureslow coverage sp500 pb and p/fc
blohmventuresminimal coverage but in sp500
teichman82interesting 2
apliszkaInsider >$5
blohmventurespetrovski score and earnings p
daftheadergreat cap allocator
kirk2% Div Growth

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)