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The article is called "Guru to the Stars", and offers thoughts from Oaktree's Howard Marks.
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Clip/highlights:
One can invest in Oaktree (OAK),but it is an MLP so it does generate a K-1.
Institutions are "still leery of stocks ... after 13 years of having their hearts broken," says... Saturday, March 9, 9:00 AM ET Institutions are "still leery of stocks ... after 13 years of having their hearts broken," says Howard Marks (OAK). "You can see that in their low stock allocations compared with the period of 2000 and before." He expects stocks will need a couple more good years before "the love affair will really be rekindled." What's Oaktree excited about now? Commercial real estate in secondary markets - raw land, finishing projects, distressed properties.
Comments
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Clip/highlights:
One can invest in Oaktree (OAK),but it is an MLP so it does generate a K-1.
Institutions are "still leery of stocks ... after 13 years of having their hearts broken," says...
Saturday, March 9, 9:00 AM ET
Institutions are "still leery of stocks ... after 13 years of having their hearts broken," says Howard Marks (OAK). "You can see that in their low stock allocations compared with the period of 2000 and before." He expects stocks will need a couple more good years before "the love affair will really be rekindled." What's Oaktree excited about now? Commercial real estate in secondary markets - raw land, finishing projects, distressed properties.
http://seekingalpha.com/currents/post/878381
Full article: http://online.barrons.com/article/SB50001424052748704836204578340351329744008.html?mod=BOL_twm_ls#articleTabs_article=0