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  • Ted February 2017
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The Wisdom of Howard Marks

edited February 2017 in Off-Topic
Similar to Buffet and Munger I suppose in practical value-oriented investing advice. His Oaktree funds specialize in distressed debt investing - at which he's been highly successful.

Sample: "Quality is not the determinant of risk – what you pay is”.

https://www.meritageportfolio.com/1014025.pdf
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