Donald Trump has upped the ante on fear-inducing speech from the presidential candidates, contributing to increased apprehension for investors, Oaktree's Howard Marks (Trades, Portfolio) told Bloomberg Thursday morning. Marks also discussed the one-off issues disrupting predictable market cycles, the value of ETFs and the reasons for volatility, among other topics.
In the second video, he comments on his almost $1 billion gain he has made from an early investment in Jeffrey Gundlach's firm in 2009 and the possibility of risk in the high-yield market. "The only intelligent form of investing is long-term investing," Marks said.
Watch below.
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