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Nobody knows what will happen

Howard Marks, Co-Chairman of the US investment firm Oaktree Capital warns that valuations in the financial markets are uncomfortably high and that investors are acting too complacent.

When Howard Marks speaks, financial markets listen. The renowned value investor and co-founder of Oaktree Capital looks back at almost fifty years on Wall Street and has seen a thing or two during his successful career. His «Memos from the Chairman», which he sends sporadically to Oaktree’s clients are a must read for investors.

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Olduvai IV: Courage
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Olduvai II: Exodus
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