A recent CFA Institute article poses the question: “Why, on Wall Street of all places, would the best managers charge less?” The article cites a recent Morningstar study showing that…
Tag: Investment Selection
Marks: Be Selective in a Heated Market
Last month, Bloomberg’s Erick Schatzker sat down with Howard Marks, co-chairman of Oaktree Capital, to discuss the fund manager’s investment approach. With respect to whether the now-stretched equity valuations…