Howard Marks Responds to Critics With Memo: 'Yet Again?'

Many took issues with his previous post, Marks said

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Sep 08, 2017
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Howard Marks (Trades, Portfolio), widely followed investor at Oaktree Capital, posted a memo on Thursday titled “Yet Again,” to push back at the firestorm his previous post “There They Go Again… Again” ignited in July. Marks’ latest clarifies statements he believed some clients, readers and media pundits misunderstood. In the process, he gives more details of his thinking on topics ranging from value investing to Bitcoin. He also makes his definitive statement on Facebook (FB, Financial), Amazon (AMZN, Financial) and other FAANG stocks.

Read the memo here.