Howard Marks

Howard Marks is co-founder and co-chair of Oaktree Capital Management, the Los Angeles firm he started with Bruce Karsh and three partners in 1995 that became one of the largest investors in distressed debt. He previously ran TCW's distressed debt, high-yield and convertible bond groups and spent 16 years at Citicorp as an equity analyst and portfolio manager. He is widely read for his memos to clients on markets and risk, which Oaktree posts publicly and Warren Buffett has said he opens first.