Howard Marks

About the author

Howard Stanley Marks (born 1946 in New York City) is an American investor and writer best known as co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide. His widely admired investment memos, posted publicly on Oaktree's website, are reportedly the first thing Warren Buffett reads when they arrive. Marks has authored three books on investing and is a prominent advocate of risk management, emphasizing that consistent, modest gains and minimized losses outperform chasing outsized returns.

In 2022, Forbes ranked him among the world's billionaires with a net worth of $2.2 billion.