Howard Marks

Howard Marks Age, Net Worth, Height, Facts
Howard Marks is a business person who was born in New York City, U.S. in 23/04/1946 and is now 77 years old. Howard Marks has a net worth of $2.5 Billion.

How old is Howard Marks?

Howard Marks is 77 years old.

What is Howard Marks Net Worth?

Howard Marks's net worth is $2.5 Billion.

What is Howard Marks Birthday?

Howard Marks's birthday is 23/04/1946.

What is Howard Marks Zodiac Sign?

Howard Marks's zodiac sign is Taurus.

What is Howard Marks's Real Birth Name?

Howard Marks's real birth name is Howard Stanley Marks.

Where is Howard Marks's Birthplace?

Howard Marks's birthplace is New York City, U.S..

How Tall is Howard Marks?

Howard Marks height is 5'10''.

What is Howard Marks Nationality?

Howard Marks nationality is .

What are Howard Marks's Professions?

Howard Marks's professions are Businessperson, Investor, Writer.

Who is Howard Marks's Spouse(s)?

Nancy Freeman Marks

Who is Howard Marks?

Howard Marks is an American investor and writer. He is the co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide. In 2020, with a net worth of $2.1 billion, Marks was ranked No. 391 on the Forbes 400 rankings of the wealthiest Americans. Marks is admired in the investment community for his "memos", which detail his investment strategies and insight into the economy and are posted publicly on the Oaktree website. He has also published 3 books on investing.According to Warren Buffett, "When I see memos from Howard Marks in my mail, they're the first thing I open and read. I always learn something, and that goes double for his book." Marks focuses on risk management and says that investors should set investment strategy according to their personal situations and ask themselves whether they worry more about the risk of losing money or the risk of missing an opportunity. Marks believes that it is hard to gain an investment advantage through research since so many smart people are doing it already; the ways to get an advantage are through better inferring the consequences implied by current company data, managing the psychology of investing, and assessing the present stage of the business / market cycle. Marks does favor using market timing strategies to have cash available to be invested during a downturn.Marks notes that it is important for investors to admit what they don't know instead of believing something is certain. He aims for a "high batting average" over "home runs". Funds led by Marks have produced long term returns net of fees of 19% per year. Investors are primarily pension funds and sovereign wealth funds.

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