Oaktree's Howard Marks Thinks the Recovery Is in The Early Days and He Likes Real Estate
Value investing legend Howard Marks oversees a cool $77 billion at Oaktree Capital. He thinks that investors are now hard up for yield and are taking on a lot more risk to get the returns that they previously did by owning secure investments.
Marks thinks today is a time for caution, but he does see opportunities. He does not think we are in a bubble environment where we have to be worried about a crash in asset prices.